Online Merchant Account

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Online Merchant Account
info_at_webpays.com
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What is Required for Merchant Accounts?

• Standard merchant accounts need you to conduct a
  merchant account application. To perform this,
  youll require
• Business bank account
• Business license
• Financial statements
• Physical address
• Employer identification number (EIN)
• Articles of incorporation
• PCI compliance
• Supporting documents, like business plans,
  business policies, marketing materials, etc.
• Each standard merchant account will have its own
  application procedure and specified requirements.
  So, to ensure you have what you will require,
  call and request. But most of them dont have any
  problem conveying upfront what you require.

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How to obtain a Merchant Account?

• To obtain a merchant account of your own, you
  just have to satisfy the essential necessities of
  each of the merchant services providers youre
  involved with. So, the more documents you have to
  verify your businesss legality, the better off
  youll be.
• When evaluating whether or not to authorize a
  merchant account application, banks regard things
  like
• The sort of business youre operating and the
  risk of credit card fraud and retrievals.
• From how much time you have been directing your
  online business?
• Your business record chargebacks, bankruptcies,
  etc.
• If you ever had a merchant account in the past
• Your personal credit record

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Online Merchant Account vs. Payment Gateway

• An online merchant account is a part of the
  payment gateway mystery. Its the account that
  the payment gateway transmits the money.
• However, a payment gateway is a technique that
  links merchants to payment grids. It
• 1. Links to your online store.
• 2. Grabs payment details
• 3. Forward the details to the payment processor
  or acquiring bank.
• 4. Transmits the authorization or decline
  notification to the merchant.

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Which Online Merchant Account Provider is
Suitable
for You?

• If you are applying for a standard merchant
  account or prefer an online choice with a Payment
  Service Provider. So you must be able to receive
  online payments. The thing which really matters
  is the convenience of service for you and your
  customers.
• WebPays is the only choice that is best for all
  kinds of industries. Moreover, that functions
  nicely for a multi-million dollar business with
  an online store and various physical shops will
  not be the exact solution for someone whos
  operating a retail business or operating their
  eCommerce store.

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• Thank You