Question: In about 100 words, explain why an acquiring bank would normally evaluate the creditworthiness of a business before opening a merchant account to process credit

In about 100 words, explain why an acquiring bank would normally evaluate the creditworthiness of a business before opening a merchant account to process credit card transactions for that business.

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1.Why an acquiring bank would normally evaluate the creditworthiness of a business before opening a merchant account to process credit card transactions for that business?

Why an acquiring bank would normally evaluate the creditworthiness of a business before opening a merchant account to process credit card transactions for that business?

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