Effective January 1st, 2019 all vendors are now required to accept a credit card payment for the balance due directly from the customer. MLC will no longer process credit card payments for vendors that were not capable of accepting credit cards.
Does This Affect Me?
This policy change will only affect vendors that have MLC process credit card payments on their behalf. This change does not affect vendors that are already setup to accept credit card payments directly.
Credit Card Acceptance
All vendors must be able to accept a credit card payment for the balance due beginning on January 1st, 2019. If you are not already accepting credit cards, or if you are considering a change from your current payment processor, MLC recommends Square.
Some benefits of choosing Square as your payment processor include:
- Get your money in your bank account as soon as the next business day (or instantly for a 1% fee)
- There aren’t any statement fees, chargeback fees, or any other small-type, weird-word fees. You pay only when you make a sale
- Accept payments wherever you are, even when you don't have an internet connection