What to Expect when Applying for a Merchant Account
Accepting credit cards is very common and a necessity for most businesses. Applying for a merchant account has also become a much quicker process. Many processors operate with the expectation that you know the process and don’t take the time to explain what is required. This raises the question; What should you expect when applying to accept credit cards? Once you’ve decided to apply for a merchant account with a processor you will need to provide some information about your business. Be prepared to...
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An exciting new product is now available for any merchant accepting Credit Cards. It is called Amex One Point. By enrolling in Amex One Point any merchant can combine their Merchant Processing Account statement with their American Express Statement. The exciting part is that American Express transactions are now funded in the same time frame that Visa, MasterCard, and Discover transactions are funded. This reduces the 7-10 business days that merchants wait for American Express funding down to 1-2 business days. On top of this merchants...
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