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merchant requirement

Typical Merchant Application requirementsThe basic important Description and Documents are required in the Merchant Application for credit card processing.

 

Annual Volume – Merchant should describe the Average Monthly volume on the application.

 

Average Ticket – Merchant should describe the ticket size of the products and services they will provide.

 

Approved / Secure website – Website(s) should be SSL certified, Terms and Condition, Privacy policy & return policy should be clearly mentioned on website(s).

 

Marketing Strategies – How the Products and Services are been Advertize, Should be clearly stated.

 

Business Owner’s D/L – Clear Scan copy of D/L is required.

 

Void Check / Bank Letter – Merchant should provide clear scan copy of Void check or bank letter of business bank account.

 

Months Of Bank Statements – Low risk Business require – 3 months of bank statements

High Risk business – at least 6 months bank statements.

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Uploaded on February 9, 2017