What is an acquiring bank?
An acquiring bank is the bank that holds your credit card merchant account. It is also the bank that transfers funds from your merchant account into your local bank account.

How do I apply for a merchant account and a payment gateway?
It's easy to establish a merchant account. You can submit an application online, by fax, or by meeting with a sales representative at your business location. Your application will be approved almost immediately, your account will be activated, and, if you're buying or leasing new credit card processing software or terminal equipment, it will arrive in just days.

What credit cards will I be able to accept?
You'll be able to accept Visa, MasterCard, Discover, American Express and Diners Club/Carte Blanche. In addition, you'll be able to accept debit cards that carry a Visa or MasterCard logo, purchase cards, and online checks.
What is the discount rate?
The discount rate is one of the processing fees charged to your merchant account. It is a percentage of your gross sales.

What is the "per transaction" fee?
The "per transaction fee" is a nominal charge for processing each transaction through your merchant account service.

What is a charge back?
Charge backs occur when a credit cardholder informs the credit card company that the charge was not authorized, or that goods or services were not delivered as promised.

What is a merchant account?
A merchant account is a special account that allows your business to accept credit cards as payment in person, over the telephone, by mail order, or over the Internet. You must have a merchant account if you want to be able to accept credit cards from your customers.

What is an acquiring bank?
An acquiring bank is the bank that holds your credit card merchant account. It is also the bank that transfers funds from your merchant account into your local bank account.

How do I apply for a merchant account and a payment gateway?
It's easy to establish a merchant account. You can submit an application online, by fax, or by meeting with a sales representative at your business location. Your application will be approved almost immediately, your account will be activated, and, if you're buying or leasing new credit card processing software or terminal equipment, it will arrive in just days.

What credit cards will I be able to accept?
You'll be able to accept Visa, MasterCard, Discover, American Express and Diners Club/Carte Blanche. In addition, you'll be able to accept debit cards that carry a Visa or MasterCard logo, purchase cards, and online checks.

What is the discount rate?
The discount rate is one of the processing fees charged to your merchant account. It is a percentage of your gross sales.

What is the "per transaction" fee?
The "per transaction fee" is a nominal charge for processing each transaction through your merchant account service.

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