Merchant Application
Complete and prepare the merchant agreement with the necessary information.
You fill out all the required fields and details now.
The final signature is added afterward; it must be sent from the processor's portal.
Business Information
W-9 Information
Input information as shown on your income tax return
Beneficial Owner Information
The owner must have a USA Social Security Number in order to proceed with this application. If the merchant has an ITIN the application will not proceed and an alternative application will need to be filled out.
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Card Processing Information
Please provide a percentage of where the transaction method will take place. If E-commerce is selected, the business must have a website with a functioning shopping cart.
Banking Information
All transactions such as sales and chargebacks will be credited or debited, as applicable, to the bank account specified below. Accepted forms of bank account verification are Voided Check, or an official bank letter (No screenshots allowed!)
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Disclaimers
Please note that the following information may be required by the processing bank. If additional information is requested by the underwriter and the merchant does not provide it, this may result in a delay or potential decline of the application.
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A Voided Check or Bank letter signed by a banker must be provided. All other forms are not permitted.
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Valid identification: ID or Passport
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Proof of Buisness may be required depeneding on the type of business or if the underwriter has any alerts regaring the legitamacy of the account.
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EIN Letter may be required.
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Business License may be required.
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EBT: if the merchant wants to accept EBT Food a FNS letter must be provided.
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High average tickets may be required to provide invoices, processing statements or bank statements.
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Lease Agreement/ Utility Bill may be required if the Underwriter needs to verify the merchants home address.
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Truepic: May be required if the Underwriter needs to verify the physical business location or inventory. A link will be sent to the phone number and email listed on the application.
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Contractors will need to provide a copy of their Service Agreement or Contract issued to customers.
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If the merchant is not in good standing with the Secretary of state the merchant will need to get back in good standing before the account is approved.
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Hawk alerts must be removed.
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Credit Freeze must be lifted or it will delay the approval process.
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A hard credit check is ran.