The engine department is crucial for the maintenance and operation of a US merchant ship’s equipment, including sewage, air conditioning, lighting, and water. Entry-level roles include cleaner and wiper, while QMED positions include electrician, machinist, and refrigeration technician. Licensed positions include first, second, and third assistant engineer, with the chief engineer being in charge of […]
A merchant payment gateway authorizes payments for online businesses, acting as an intermediary between the seller’s shopping cart and financial entities. It provides security through encryption and complies with industry standards. The reliability of the service provider is crucial. A merchant payment gateway is a software system that authorizes payments for online merchants and businesses. […]
Merchant verification confirms the validity of checks issued to a merchant and verifies the identity of merchants to eliminate potential sources of fraud. It involves running check information through a system to ensure it connects to a valid bank account and has enough funds to cover the check. Merchant verification systems vary in cost and […]
The stewardship department is crucial for a ship’s operation, providing food, clean clothing, and supplies. It includes the buyer, cook, housekeepers, and delegate department, responsible for money, supplies, cooking, cleaning, and sanitation. They play a significant role in maintaining morale and smooth running of the ship. The stewardship department on a ship is not a […]
E-commerce merchants buy and sell goods or services electronically with no limit to the type or amount of transactions. The term emerged in the 1980s and became legal in 1991. With advances in technology, e-commerce has rapidly changed and become a booming industry. Anyone with a valid product or service can become an e-commerce merchant, […]
Offshore merchant accounts are bank accounts located outside a merchant’s home country or in virtual banking spaces. Traders choose offshore banking for various reasons, including better fee negotiations, credit card processing, tax evasion, and international business convenience. An offshore merchant account is a bank account that handles a merchant’s needs while located outside the merchant’s […]
To join the US Merchant Marine, one can attend a maritime academy or start as an ordinary seaman. The fleet consists of civilian vessels owned by Americans and can be used for military purposes during wartime. Attending the United States Merchant Marine Academy provides a commission in the US Navy Reserve and certification as an […]
A wine merchant sells wine, often in a physical location or virtually through mail order or a website. They buy wine in bulk from vineyards or distributors and can source hard-to-find or vintage wines. Wine merchants have specialized knowledge and can help buyers select wine based on their preferences. They often have wine tastings and […]
Merchant account applications require general information about the applicant and their business, as well as specific identifying information. Providers may ask for different levels of detail, but typically require enough information for a credit check and to learn about the business. The information required in a merchant account application may vary from provider to provider. […]
There are various ways to become a wine merchant, including formal education in enology and viticulture, internships, or a combination of both. Internships are available for those with a passion for wine, and physical fitness is required. Owning or starting a winery is another option, but it requires significant financial investment. There are different paths […]
Retailers can apply for a credit card merchant account to accept credit card payments. The account comes with fees, including application, monthly service, and transaction fees. Merchants can reduce fees by maintaining good standing and sales volume, and by following security procedures. Retailers can open a credit card merchant account to accept and process credit […]
Merchant navies are separate from military fleets and carry goods and people, playing a vital role in national economies. They can also supplement military efforts during wartime. Merchant marines have ranks and specialties like the military and may have mixed nationalities. They rely on a land network and related industries, contributing significantly to the economy. […]
A business cash advance is a loan based on credit card factoring, where the lender provides a lump sum in exchange for a percentage of daily credit and debit card sales. It’s an alternative to traditional business loans and is easier to qualify for, but has higher fees and interest rates. A business cash advance […]
Merchant account applications require various information about the applicant and their business, such as contact details, business type, and identifying information. The level of detail required varies by provider, but most require business owner details and information about the business’s products and services. The information required on a merchant account application can vary from vendor […]
A merchant authorization is when a card issuer records an authorization amount as unavailable to the cardholder until the merchant resolves the transaction or the card issuer releases the hold. The transaction typically settles within a few days for debit card purchases, and a clearance reversal can stop a merchant’s clearance. Problems can arise with […]
