Credit Card FAQs 
 
What is a merchant account?

A merchant account is a bank account that you must have to accept electronic card payments from customers such as credit cards, debit cards, electronic checks, and other payment methods. 
 
What are the requirements to open a merchant account?

You will need to fill out an application. Depending on various criteria, you may be asked for personal information, a guarantor signature, or other business verification materials. 
 
Will changing my merchant account cost me more than my current provider?

No. In most cases we insure that your rates will not change. If our analysis verifies that your rates are high, your lower expenses become another reason to change your merchant account. 
 
Will changing my merchant account require me to change my banking relationship?

No. The processor and Merchant Bank will work with the depository (checking, savings, etc.) account of your choice. 
 
What credit cards can I accept?

Common cards accepted are Visa, MasterCard, American Express, Discover and Diners Club.