- A business checking account or a personal account if you are
a sole proprietorship
- A copy of a voided check
- Articles of incorporation, business license or reseller license.
- A web site (if you are Internet based) or a retail storefront.
- Provide 2 trade references
- A photocopy of your driver's license
You can then apply either online or on the phone and a Customer Service Professional will contact you for specific additional information that may be needed.
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> What charges will I incur by accepting Credit Cards?
There are many fees to consider based on the type of business and volume of business
you do. Many of the fees associated with credit cards are fairly standard in every
business, but we strongly recommend you discuss the specific needs of your business
with our Customer Service Professionals to see what actually applies to you.
Here is a small sample of the type of charges you will discuss:
Discount Rate:
The amount charged to a merchant for processing daily credit card transactions.
Transaction Fee:
A fee charged by a merchant account provider for each credit card transaction completed.
Chargeback Fee:
A credit card transaction that is billed back to the merchant after the sale has been settled. Chargebacks are initiated by the card issuer on behalf of the cardholder. Typical cardholder disputes involve product delivery failure or product/service dissatisfaction. Cardholders are urged to try to obtain satisfaction from the merchant before disputing the bill with the credit card issuer.
Non-Qualified Surcharge:
This surcharge applies to business and corporate cards as well as other downgrades, such as manual entry sales that do not pass Address Verification. Failure to batch out your point-of-sale device within the allotted 24-hour period can also cause additional processing fees to be assessed. When accepting credit cards, it is important to understand this fee. Please contact a customer service representative for more information.
Voice Authorization Fee:
This fee is charged only if you call in a credit card sale using our voice automated system. For instance, you need to accept credit cards off-site and do not have access to your point-of-sale devise. You can then call our 800 number to process the credit card transaction.
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> FIVE Great ways to accept credit cards in your business
1) Terminals:
Choose Your Terminal!
Merchant Service Center offers a wide variety of POS Terminals for your business. The main two terminal type connections are POS and Wireless. By using these types of terminals you reduce the risk of fraudulant transactions since the customer's card is on location. Typically these terminals are used for swipe transactions. However, keyed transactions can also be submitted through these terminals. Read below for more details on each type of terminal.
POS Terminals
Point of Sale Terminals are the preferred way of processing credit cards, debit cards, checks, smart chip cards, electronic benefits transfer (EBT), and other electronically submitted transactions in a traditional retail environment. The terminals are used in "face-to-face" transactions. The merchant will swipe the customers card through the terminal or key-in payment information and the terminal does the rest. These terminals usually connect to Merchant Service Center by using dial-up or an Ethernet connection.
Wireless Terminals
Wireless credit card processing increases sales, saves time, and reduces operating expenses. Here are just a few of the many benefits of using wireless:
- Wireless is small, lightweight, and portable. Can carry in your pocket!
- Can accept cards where it previously was impossible (in a parking lot, outside a sports event, etc.)
- No second phone line needed and no need to rent phone lines at tradeshows
- By swiping credit cards you get lower rates. This one feature alone can save you hundreds of dollars per month.
- Reduces risk. Swiping reduces chance of fraudulent or a stolen card being used.
- Increased security. Wireless processing reduces the amount of cash you and your staff handle.
We offer a variety of wireless credit card processing solutions. This allows you to accept credit card transactions wherever you are, whenever you need it - without depending on the availability of phone lines.
2) Web Based Software
3) Secure Gateway
4) PC Software
5) Pay-By-Phone
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>
MSC Value added products
MSC Shopping Cart
When you use Merchant Service Center’s Shopping Cart on your website, your customers can purchase multiple items with a single payment, browse your entire selection, and view a consolidated list of all their items before purchasing. The MSC Shopping Cart is a low-cost way for you to accept credit card and check card payments and can be fully integrated with your website in a few easy steps. The MSC Shopping Cart can be used in conjunction with the MSC Quickbooks Solution, too! This allows our merchants to accurately and easily track inventory in REAL TIME. Advance your company’s productivity with this easy-to-implement shopping cart and improve your buyer’s overall experience as well as your bottom line!
Start Accepting Visa/Mastercard NOW!
Call us at 1.800.320.0000. We will guide you through every step in the process and begin to show you how exceptional our Customer Service Representatives are…
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