It’s normal to have questions regarding the merchant account set up process. Many companies find the number of options overwhelming when it comes to getting their business off the ground and implementing the various payment options. Though our customer support team is always available to answer any concerns you might have, below is our list of frequently asked questions.
What types of businesses are eligible to set up merchant accounts with ecreditcardprocessing?
Any business, including those that are considered high risk, offshore, retail, mail order and more are eligible to open up merchant accounts with ecreditcardprocessing.com. In order to open a merchant account a business owner must have a US bank account with a business checking account.
How long until a business is approved for a merchant account?
Expect approval to take between 24 and 48 hours. Material shipment and set-up instructions will follow immediately upon approval.
Why should I set up a merchant account?
Accepting credit cards is a key component of sales in the world today. Customers will see that that your business is reliable and legitimate.
Can I open a merchant account if I have a history of bad credit?
Ecreditcardprocessing.com approves accounts regardless of credit history. In fact, our approval rating is one of the highest in the industry.
Do I need to set up a bank account in order to accept credit cards for sales?
Yes, you will need a business checking account to receive funds from your customers. Set up the account in your business’s name to maximize secure transactions and avoid any confusion.
How do I receive the money from sales transactions made via credit card?
The money is deposited directly into your checking account. Funds are generally available within two business days, though the wait for high risk businesses might be slightly longer.