
Merchant partnerships
Merchant partnerships involve collaborations between a business and other companies or organizations to offer mutual benefits. For example, a retailer might partner with a credit card company to provide special discounts or rewards to customers. These alliances can improve sales, broaden customer reach, and enhance brand reputation for both parties. Essentially, merchant partnerships create strategic alliances that help businesses grow by leveraging each other's strengths, resources, and customer bases in a mutually advantageous way.