|
Frequently Asked Questions |
| Q: Will I be able to process international Credit Cards? |
- Yes, you will be able to process any Credit Card with a logo that corresponds to a Credit Card Type you acceept (i.e. Visa / Master Card).
|
| Q: What is a Merchant Account? |
- A Merchant Account is issued by a merchant account provider.
It's purpose is to provide the merchant account provider information
about your business, most importantly where to deposit credit card
payments from your customers.
|
| Q: What are the requirements for Merchant Account Approval? |
-
Positive Credit
-
A Bank Account in the USA (a Business Checking Account is perferred)
-
A Business License
-
A Return Policy Clearly Stated On your website
- Completed Merchant Account Application
- Voided Check
- 3 Months of Bank Statements
|
| Q: What is a Payment Gateway? |
- A payment gateway is an interface that you use to process
your credit card payments (authorizations and batch settlement).
|
| Q: How long does it take to setup a
Merchant Account? |
|
|
| Q: Who is the provider of merchant
accounts issued by ideposit? |
- Our merchant accounts are issued by paymentech
|
| Q: What if I already have a
merchant account? |
- If your merchant account is on one of the following platforms
you can use iDeposit as your payment gateway.
- GLOBALPAY
- TSYS (aka: VITAL)
- NOVA
- PAYMENTECH - TAMPA
- PAYMENTECH - SALEM
- FHMS
- MERCURY
- HEARTLAND PAYMENTS
- FIFTH THIRD BANK
- RBS LYNK
- FIRST DATA - OMAHA
- FIRST DATA - CARDNET
- FIRST DATA - NABANCO
- FIRST DATA - NASHVILLE
- FDMS/CONCORD-BUYPASS
- BAMS
|
|
