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How to Apply for Merchant
Services
Every business operating in today’s business
environment must have a merchant account to
survive. PPS can help your business apply and
get setup for a merchant account. All types of
companies can now take advantage to an increase
in sales from starting to accept debit and
credit cards.
Businesses that
accept
credit cards by phone, mail and over the
internet can be setup with an
internet merchant account. This type of
account will allow for merchants to accept by
logging into a secure website from any computer
with an internet connection and a web browser.
If you operate a business in a brick and mortar
establishment you will require a retail merchant
account. Customers will come into your business
and swipe their credit cards or debit cards,
within seconds the transaction will be approved
or declined. If the transaction is approved, a
receipt will begin to print automatically.
It is very important that you have the proper
information before you try to apply for a
merchant account. The bank and the processing
company will require you have a clear photo ID
for the signer, a preprinted check or a letter
from the bank and marketing materials for your
business. The bank or processing company may
also require more materials from your business
depending on the monthly volume you are
requesting. This may include; utility bills,
previous processing statements, bank statements
or tax returns.
Good credit is also a must for a merchant
account. The signer or co-signer must have
credit over 600 to be approved for most domestic
merchant accounts. It is important that your
credit is good since banks will not approve you
for your account.
Merchants can pre-apply online or they can call
PPS and have the merchant account application
emailed or faxed to them right away. After the
online pre-application has been submitted by the
merchant, Power Pay Services will have one of
their representative’s call you to finalize your
application and walk you thru the process.
Merchant accounts are usually setup within 2
business days depending on the size of the
account.
Power Pay Services is a leader in the merchant
account business. They have been providing
merchant accounts for over 10 years and
currently process payments for thousands of
merchants on a daily basis. Merchants should
feel secure with their pricing and their
outstanding support when they make the decision
to process with PPS.Setup a
credit card processing
merchant account today! |
