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Send friendly reminders before the due date, highlighting any holiday-related delays in processing payments. Offer alternativepaymentmethods: Provide options like online payments, installments, or pre-authorized debit to make it easier for customers to pay on time.
So, the first thing to do after a credit card decline is to ensure you are in terms with your credit limit. If not, consider using an alternatepaymentmethod. Also, try to pay off your credit card bills every month to free up your credit limit.
When credit cards aren’t an accepted form of payment: Sometimes, specific vendors or large transactions require alternatepaymentmethods. A business line of credit provides the flexibility to handle such situations with ease, ensuring that your operations run without a hitch.
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