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Does the merchant have to process with Mercury to qualify for MercuryFund?

April 26, 2017merchant mercury process qualify

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Does the merchant have to process with Mercury to qualify for MercuryFund?

1 Answer

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10 Posted

• Yes. The One-stop Billing program bills merchants on your behalf on their normal credit card processing statement. We can’t collect on your behalf via another payment processor. • Yes. The Advance Funding Company collects a percentage of the merchant’s daily credit card sales which is facilitated by Mercury. • No. The Lease Corporation of America works with all merchants and a lease is not tied to payment processing. However, if you apply as a Mercury partner you will qualify for a one percent referral bonus on the funded amount.