Knowledge base
Credit card processing that makes a difference.
Everything you need is available. You’ll have a virtual terminal, iPhone processing, credit card storage, and robust online reporting to manage your business payments with ease.
When opening a new account, there are few documents we’ll always need:
- Voided Check, or proof of your bank account in the form of a bank letter, signed by your bank representative.
- Proof of your legal entity, typically in the form of an IRS letter or any other document showing your EIN or Taxpayer ID number
If you’re already accepting credit cards, we’ll also require three months of current processing statements for our review. If you have the need to accept large-ticket orders (over $1,000) then please also be ready to provide statements that indicate transactions of this value, or past invoices reflective of those volumes.
Depending on the nature of your business, it’s possible that our underwriters may have additional documentation requests. They’re not as common, but we may request to see bank statements, tax returns, financial documents, or business contracts to verify or confirm certain information. Because credit card processing is essentially a service of micro-loans, our underwriters will want to ensure that all new accounts meet their internal risk requirements and don’t pose any future concerns. We’ll certainly let you know if and when our underwriters have additional documentation requests.
Usually we can fully setup an account within 2 business days after receiving your signed application and documents.
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- Transparency & Low Pricing
- Speedy & Easy Startup
- Unsurpassed Customer Service
- Lower-Priced & Current Equipment
- Commerce With Compassion
- Giving Back
Payment gateways allow online businesses to authorize eCommerce transactions. eCommerce greatly expands a merchant’s horizons, and understanding it is the first step to opening your business to a wider audience.
Credit cards are the backbone of payments. With consumers becoming increasingly reliant on plastic for their everyday spending, it pays to know how they work and what affects card-based purchases.
eCommerce is a booming industry that allows merchants to connect their inventories and services with billions of potential buyers around the world. Our resources can help you get started with this exciting and powerful opportunity.