Merchant services FAQ
Get answers to your questions — and if you don’t find what you’re looking for, we’d be happy to speak with you!
FAQs
No, when it comes to our merchant services, we never ask you to sign a contract.
Yes, we do. A cash discount program is a great pricing strategy that enables a business to offset processing fees by offering a cash price and a card price for products and/or services.
Here’s how it works
- You advertise a price for your products and/or services that factor in applicable card fees, which are typically 4%.
- If a customer pays in cash, you waive the 4% service fee, and it’s deducted from their total.
- The net result is that you receive 100% of the sale amount for your products and/or services rather than losing 4% on the sale for card fees.
It’s a great opportunity to improve your bottom line.
Yes, you can get access to next-day funding with Merchant Capital. Here’s how it works:
- Apply online in minutes and get approved fast, without industry limitations.
- Receive a lump sum of cash upfront, based on your credit and debit card sales processing history.
- Repay the funding automatically through a small percentage of your daily card sales, so you don’t have to worry about fixed monthly payments.
Yes, we do. ACH solutions are a great way to make sending or receiving money easy and convenient.
The turnaround time for ACH is 4 business days.
Yes, and our merchant services program comes with a free mobile card reader for iOS or Android.
- Swiped: 2.69% per transaction (Visa, Mastercard, Discovery, American Express)
- Hand-keyed: 3.49% + $0.19 per transaction (Visa, Mastercard, Discovery, American Express)
- Monthly Fee: $0
Yes. All you need to provide is 3-4 months of recent card processing history. Apply here.
Yes, we do work with high-risk industries with additional underwriting requirements and enhanced due diligence during the approval process. We support:
- Adult novelty
- Auctions
- Bail bonds
- Cannabis dispensary retail
- Cannabis e-commerce payroll
- CBD & hemp
- Coaching & seminars (including online educational services, courses, business opportunities, etc.)
- Collection agencies
- Continuity and subscription offers
- Credit repair
- Dating
- Debt consolidation
- Debt repayment (i.e., short-term lends such as payday & collection agencies)
- Digital goods
- Doc prep
- Extended warranty
- Fantasy sports
- Firearms & ammo
- Gaming & gambling
- Health supplements & nutraceuticals
- Medical marijuana cards/doctors
- Multi-level marketing (MLM)
- Pawn shops
- Quasi cash
- Sweepstakes
- Telemedicine & card-absent pharmacies
- Timeshare relief & exit services
- Tobacco & nicotine products
- Travel (including airlines, cruise lines, and other related verticals)
- Vape & paraphernalia
No, there is no contract for our payroll services. You pay month-to-month.
Yes, we’re here to help you get this all set up. Book a consultation.
Yes, this is a feature that’s offered.
Yes, your employees will have easy access to all of their documentation when you partner with us for your payroll services.
Real people. Real support.
Connect with a human and get all your questions answered. Our team members are standing by.
Simple, guided setup.
Customer care you can rely on.
