Insulate an Attic the Right Way!

In the winter you need to keep the heat from escaping, and in the summer, the heat from entering. If you insulated just under the roof at the top if the attic, you would be heating the attic area in the winter. That's because the outside insulated wall would be at the roof and not at the ceiling. If you had central air conditioning, the same would be true in the summer when you'd be forced to cool the whole attic.

Another important factor in attic insulation is ventilation. The attic area above the insulation needs to be kept cold in the winter to prevent ice dams from forming on the roof and to keep moisture from condensing on the insulation and on the roof framing. This is achieved by ventilating the attic. In the summer months, a well-ventilated attic and the actual roof above it, will stay cooler by allowing excess heat to escape through vents thereby keeping the living space below cooler.

Be Weary When Asked Do You Provide This Service and Do You Accept CC as Payment via Text

Although it’s not a topic that gets as much attention as many others within the processing industry, merchant accounts holds are something that every business needs to understand. If a business doesn’t understand the basics of merchant account holds, they may be completely blindsided in the event of any of their funds being held. Since that can directly interfere with cash flow, knowing why merchant account holds happen and what can be done to decrease the likelihood of a hold occurring is very beneficial for businesses of all sizes.

Be sure to keep an eye out and look for these telltale signs that you may be dealing with a fraudster.

• New customers contact you via text and ask if you accept credit cards
• Emails from domains like outlook.com & fastmail.com
• Being asked to pay a third party by wire transfer or Western Union.
• Poor grammar and spelling mistakes in communications.
• Failed payment attempts by the customer who then asks you to process for them

Merchant Account Holds 101

The term merchant account hold refers to a situation where a processing bank freezes the merchant account of a business. When a merchant account hold occurs, a business won’t be able to access its account. Other effects of this situation include funds from open authorizations being held for a potentially extended period of time, an inability to process any new transactions and income not being deposited for weeks or even longer.
Suspected fraud is the most common reason merchant account holds occur. There are situations where an individual opens a merchant account and then carries out some kind of fraud. However, it’s much more common for a legitimate business to experience a hold because the processor is going on the defensive against some other kind of suspected fraud.

5 Reasons Merchant Account Holds Occur

Excessive chargebacks are the first reason merchant account holds occur. One of the biggest misconceptions is when a business wins a chargeback case, it’s not counted against them. In reality, processors track the total number of chargebacks a business receives regardless of outcome. And if too many occur, it can result in a hold.
The second reason a hold may happen is a business processes in excess of declared volume and average ticket size. This is information that needs to be declared accurately when signing up with a processor. Third on the list is using an account to accept payment for services or goods that are undisclosed. Directly related to this is the next cause, which is accepting payments for other businesses.
Finally, the last reason a hold may occur is suspicious processing behavior. Of all the potential triggers for a hold, this can be the most ambiguous. A business may simply receive notice and have to figure out the how to deal with a hold from there.

How to Reduce the Likelihood of a Hold

While the thought of receiving a merchant account hold can be quite scary, the good news is there are steps any business can take to minimize the chances of this happening. The first is to accurately declare volume and average ticket information and update if needed. It’s also important to avoid processing payments for undisclosed services or goods, as well as other businesses.
And since suspicious processing behavior can also trigger a hold, businesses should make sure they fully understand merchant account fraud and the best ways to protect themselves.