Merchant Accounts

If your business needs to accept credit cards, this page is for you.

Merchant Account Signup Worksheet

As one of the leading business formation companies, we know that one of the biggest obstacles for a startup business is obtaining merchant card services for the processing of credit card transactions. Banks are hesitant to work with new businesses, internet based, direct mail, home based, and many others. If that isn't bad enough, you may run into all kinds of multi-level marketing plans, and unforseen delays when all you want to do is process your company's orders.

We work directly with the leading credit card processing company, Cardservice International, to get you approved and provide you with the competitive edge you need to succeed. With an annual bankcard volume in excess of six billion dollars, you can be assured that whatever you want to sell, Cardservice International can process. The average time it takes to process and approve a credit card transaction is 5 seconds.

It is advisable that your business have a presence in the United States, though you can process a credit card sale from anywhere in the world via the Internet. Of course, if you are presently based outside of the United States, we can help you form your Nevada corporation!

Features:

• You Are Pre-Approved.
• Accepting credit cards can boost your sales by 200% or more.
• Credit card customers spend 250% more than non-credit customers.
• Direct deposit to your bank account within 48 hours.
• Check guarantee available.
• Secure online ordering.
• Purchasing cards
• ATM/Debit card available.

Costs

The cost of the merchant account service depends upon whether you will be transacting business in the conventional manner where the customer hands you their card, or whether you will be taking orders remotely via the telephone, internet, or postal order.

Conventional Orders

• 1.63% + $0.20 per transaction for Visa & Mastercard
• American Express & Discover rates and assistance available also
• $10 monthly administrative fee which includes 24-hr customer service
• terminal and printer is available for purchase or lease
• you must have a combined minimum of $15 in monthly transaction fees & discount rates

Remote Orders

• 2.19% + $0.20 per transaction for Visa & Mastercard
• American Express & Discover rates and assistance available
• $10 monthly administrative fee which includes 24-hr customer service
• $15 monthly Internet Gateway Access Fee (secure server)
• Virtual Merchant Secure Payment System is available for lease or purchase.

When you are ready for merchant card services, let us help you over the obstacles by taking a moment to complete the No-Obligation Merchant Account Worksheet. An account representative will contact you to work out the details.

International Clients

Our international clients can qualify for a Merchant Account by using their Nevada corporations mailing address and checking account (or Dean Witter). Electronic deposit capability is required, and for the first six months, transactions are limited to no more than ten thousand U.S. dollars per month. The discount rate is 3.25 percent and $US0.30 per transaction.

Virtual Merchant is the secure server that actually hosts your credit card transaction page. This page is customized with your standard graphics, colors, and logo. When the consumer clicks on the "Buy" button, they are taken to the Virtual Merchant server to enter their credit card information on the online form, the authorization travels directly to the credit card network provider. An Email is sent to both the consumer and the merchant as a receipt confirming the sale. The transaction is posted on the your password protected transaction site. When order fulfillment is completed, you move the item into the current batch of transactions to be settled for payment at the end of the day. (Back)