It is still a good deal and we still receive lots of signups for the service.
The best way to process 2 businesses is to make a 3rd business with some generic name and website and then have the other 2 companies as subsidiary of the new "main" business which does nothing much but own the other companies, provide a website with links to each of the real businesses, and contact details, etc.
That way when someone sees the charge on their card, and go to parent-company.com per the descriptor on their monthly credit card statement, they see one of the businesses that they shopped on.
That's the best idea I can see for it working for you. You'd probably need to ask your merchant application representative if they have any other good ideas or if they have any problems with that concept.
I don't see why it would be a problem so long as you prominently displayed on the checkout pages that the order will appear as parent-company.com on their credit card statement and an "[X] agree" checkbox for that.


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