28. March 2017 / Small Business Resources
At the background of every successful small business, there is a stringent and properly planned business, and at the back of every developing small business is an established plan to budget your small
Same Day approval on Retail merchant if your application is received by 11am. Same day approval for ecommerce merchants under $10,000/month. 48-72 hours for larger merchants.
You’ll receive a welcome email including everything you’ll need to get started using your approved merchant account. We’re always available via phone to answer any questions during set up.
We’re happy to answer any question you may have on setting up and using your new merchant account. For question relating to integrating the gateway to an unsupported shopping cart, it is best to have your technical person call us so we may assist.
Normally, settled funds for Visa/MasterCard are deposited into your business checking account within 48 hours. Settled funds for American Express and Discover may take 72 hours and will show as separate deposits on your bank statement.
Yes! We boast one of the highest approval ratings for new merchant accounts. We welcome you to apply. We also offer 100% money back guarantee if you’re not approved for any reason.
For general questions during business hours, call 800-870-7622. For questions regarding operation of your merchant account call support help line 24/7 located on your terminal or in welcome kit provided.
Merchant Advisors enrolls you to accept Visa, MasterCard, American Express and Discover. We also offer authorization for other major credit cards. If you already are enrolled for these, let us know your Account numbers and we will notate our files so you can process using your existing accounts.
You can accept debit cards for debit networks throughout the United States. Contact your sales representative to enroll you in a debit card program. This program is included with our Free Terminal Program.
Monthly fees are automatically debited from your business checking account the end of each month. There is no need to send in a check to pay fees. A detail of all fees is provided in your monthly statement to reconcile your accounting.
Monthly fees vary based on the type of your account. All merchants pay a monthly minimum, a statement fee, and a Discount Rate and Authorization fee on every transaction. Refer to your Merchant Bankcard Agreement for your specific fees.
Contact our office to complete a change request form. Changes will be made in two business days of receipt of request.
This change requires a signature from the account guarantor. There is a $15.00 fee for DBA changes which will be deducted from your business checking account. The name on your business checking account must match your DBA or corporate name. Changes will be made in two business days of receipt of request.
This change requires a signature from the account guarantor. There is a $15 fee for DDA changes which will be deducted from your new business checking account.
The guarantor completes and signs a Contact Change form. The contact is only allowed to obtain account information; the guarantor must still authorize changes. If you need to change the guarantor, please call us.
We can close your account for up to four months and will charge a $15.00 reopen fee. After four months the account falls off our processor system and the merchant must reapply. Other vendors providing a service to you may assess a separate reactivation fee.
21. March 2017 / Small Business Resources
Small businesses don’t have to expand quickly, even though they wish to expand, as inactiveness is one small step away from contraction. They normally work in less aggressive market and don’t have