|
What is a Merchant Account & Payment Gateway?
A merchant account is a special account that is setup for a business
to accept and process credit card orders. After processing a
customers credit card the transaction goes through a series of complex
stages. The money transferred through the merchant account is then
deposited into the business's checking account within 2 to 3 business
days.
What is Automated Recurring Billing?
Automated Recurring billing allows you to submit customers for
automatic recurring payments to your company on the payment schedule you
set. Earth Skater provides custom programming and web development
for Authorize.net ARB recurring billing in ASP / PHP / .NET.
What cards will I be able to accept? With a basic account, you will be
able to accept MasterCard, Visa, and American Express. There is a minor
additional setup fee for accepting Discover/Novus cards as well as others.
How do I get the money from my credit card sales?
The completed sales from your credit card processing will be batched out
daily, and deposited directly into your checking account. The money is deposited
electronically in to your local bank... There's no need to open up a new
checking account to use our services.
Requirements for a Merchant Account
Here are the typical requirements to obtain a merchant account with
Earth Skater:
- Your Social Security Number or business Tax ID number to
prove you are a legitimate business.
- Checking or savings account information to deposit your funds
- A printer and fax machine to print, sign, and fax your merchant
application contract
- A copy of a voided check required to prove this is your bank
account
- A web site address with your item or items for sale for review
- Your website must have your shipping / return / refund /
cancellation policy information
|
