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What do I need to open a merchant account and start accepting credit cards ASAP?

April 26, 2017accepting ASAP cards credit merchant

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Posted

What do I need to open a merchant account and start accepting credit cards ASAP?

2 Answers

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Katrina Derrico Posted

Merchant accounts are usually opened by a representative at your business’s financial institution. Contact the bank branch where your business does banking and ask to speak with their merchant services rep. As long as your business account is in good standing the process is relatively quick and easy.

Another option is an online merchant service such as PayPal. They charge higher fees but you can apply online and have your answer in within 24-48 hours (usually).

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Our requirements to open up a merchant account are minimal. You will need: 1. Business checking account 2. Either a physical business location, or a web site. 3. A product or service that is not considered restricted. AVPS will work with you if you are trying to open a merchant account under specific conditions or if your credit is less than perfect! Contact our customer service department via our online chat or call toll free: 800 719-9198. Or if you wish you can apply online now and one of our sales representatives will get back to you with information on how to get started with your business type!