Retail Merchant Account Application
We feature INSTANT ESTABLISHMENT of your Merchant ID Number –
as soon as you submit the Online Application for your merchant account,
we issue your live Visa/MasterCard Merchant ID and The Search is
Over for quality credit card processing!
Processing for Thousands of Successful
Merchants
* Accept ALL MAJOR Credit Cards on your Web site, Retail or eBay
Store
* Funds deposited directly into your Personal or Business Checking
Account
* Enjoy GROSS DAILY SETTLEMENT of your Visa/MasterCard sales*
* Internet accounts INCLUDE real time Payment Gateway & Virtual
Terminal
* Apply for American Express & Discover right on the Application
* Special eCheck Rates available for Internet Merchants:
* Ask us about pricing for Electronic Check Processing
Guaranteed = Rates will NOT increase
unless Visa/MC increases Interchange*
* NO Application Fees
* NO Annual Fees
* NO Address Verification (AVS) Fees
* NO Leasing
* NO Cancellation Fees
* NO Batch Header Fees
* 1.75% VISA/MasterCard Qualified Discount
Rate
* $0.25 per Transaction
* $10.00 Monthly Statement Fee
* $25.00 Monthly Processing Minimum*
* Toll Free 24/7 Customer Support with FREE TECH SUPPORT
Payment Gateway and/or Credit Card Terminal
OPTIONS:
One time set-up fee - $319.00
Access fee per month - N/A
Technology fee per transaction - N/A No Additional
Fees for Retail Terminals
One time set-up fee - $949.00
Access fee per month - $20.00
Technology fee per transaction - N/A
Please Click Here to review our list of: Prohibited
and High Risk Merchant Types
To get started you must be the PRINCIPAL owner/executive
of the business:
1. Business located within the United States of America
2. US Federal Tax ID# (For Corporations / Non-Profit Organizations)
3. US Social Security Number of the PRINCIPAL signer
4. US Personal or Business Checking Account and Routing Numbers
5. You must be 18 or older to be eligible to apply for a merchant
account
The Online Application Process:
1. Upon completing the Online Application, you will receive your
Congratulations page with your Schedule of Fees, Merchant ID Number
(MID) and Toll Free Customer Support number.
2. The Congratulations page contains detailed instructions
on how to proceed.
3. DOCUMENTS:
* Print, and Sign (twice). Fax
your Congratulations page and Voided Check
immediately.
*If you currently have a Merchant Account, in
order to EXPEDITE approval, please also fax your previous three
(3) months complete Visa/MC Statements.
* PLEASE FAX DOCUMENTS TO THE FAX#
ON THE CONGRATULATIONS PAGE.
4. VOIDED CHECK:
* If you have TEMPORARY Business or Personal CHECKS
please have your bank write a BANK LETTER stating
your business name (DBA), Account Number and Routing Number, and
fax that to us (do not fax your temporary check for security reasons).
2. APPROVAL:
* If you are an Internet merchant,
as soon as your merchant account is approved, we will email your
Payment Gateway Login ID and Temporary Password. However, if you
process transactions, funds will not be released until we receive
your signed Congratulations page and Voided
Check.
* If you are a Mail Order
or Auction business
planning to use the Virtual Terminal to key enter credit cards,
you must include this information in the Additional Comments
section.
* If you are a Retail merchant
purchasing equipment, it will be programmed and shipped to you upon
approval. You will then receive a call from our Terminal Deployment
team for training.
*Monthly Processing Minimum: There is a $25.00
Monthly Processing Minimum on every merchant account. This is the
minimum amount you must pay each month for your Visa/MasterCard
processing. The monthly minimum does not apply
to monthly fees or transaction fees.
Example: If your rate is 2.29% and you sell $1200
in goods or services during one month, your total Visa/MasterCard
processing fees would be $27.48 ($1200 x 2.29% = $27.48). This amount
is greater than the $25.00 monthly processing minimum, so you
do not have a minimum during this month.
* GROSS DAILY SETTLEMENT of Visa/MasterCard sales
is enjoyed by most merchants. This means 100% of
your V/MC sales are deposited directly into your checking account
each business day, making reconciliation of your checking account
much easier. Only at the end of each month are your processing and
monthly fees debited. NOTE: Some high risk merchants may receive
NET DAILY SETTLEMENT.
(where processing fees are debited before deposit).
* Visa/MC INTERCHANGE is the fee associated with
exchange of transaction data between Acquiring and Issuing institutions
in accordance with the Visa and MasterCard bylaws and rules. Interchange
is the processing fee charged by Visa and MasterCard
to charge the cardholders and pay the merchants. The interchange
fee is actually paid to the bank that issued the card while
the merchant's bank is charged the interchange fee. Merchant transactions
are gathered for processing every night, these transactions are
routed to the cardholders to be charged, and merchants are credited
accordingly.
By completing the Application and accepting the Online Terms, you
are agreeing to the “one time set up-fee” of your Payment
Gateway as shown in the table above; you agree that the processor/merchant
account provider can debit your checking account for this “one
time set up-fee” when your Payment Gateway is built.
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