|
The fastest-growing segment of credit card use today is in “card-not-present" transactions in which a customer makes his or her purchase by mail order or telephone order (MOTO), by facsimile, or via the Internet instead of being physically present at the merchant's location.
If you want to process credit cards for Internet, telephone, or mail order transactions, you'll need a special merchant account specifically designed for that purpose. Because you never take physical possession of a credit card so that you can swipe it through a magnetic strip reader, both Visa and Mastercard use different criteria for evaluating risk and have different fee structures for card-not-present transactions.
With a "card-not-present" merchant account from Total Merchant Services, you'll be able to process your customers' orders quickly and easily. You can use a virtual terminal, or point of sale (POS) credit card processing software. A third option would be to simply manually enter transaction data through a traditional point of sale (POS) credit card terminal. No matter what you choose, we'll make sure that you get setup quickly and easily.
virtual terminal software
We'll provide you with easy-to-use virtual terminal/payment gateway software for any device that can access the Internet.
off-line (PC based) credit card processing software
We'll provide you with credit card processing software that gets installed on your computer. All you need is a computer with a modem. This is perfect for for merchants accepting credit card information via mail, telephone and facsimile.
credit card authorization terminals
If you prefer, you can manually enter credit card numbers through a point-of-sale (POS) credit card terminal. Click here to see the different types of credit card terminal equipment available.
MyBizNow.com has partnered with Total Merchant Services to help you easily set up a merchant account to take credit cards. The entire process will take just minutes of your time and you'll be up and running in a matter of days. To apply online today: click here. Or you may download a pdf version of the application as well by clicking here
By allowing MyBizNow.com to assist you with your merchant application - we will waive the normal $145 application fee!!! That's right - no application fee! So what are you waiting for? Sign up now!
There are two types of approval guidelines:
Type 1: TMS Auto-Approval
If you meet our Auto-Approval Guidelines noted below, it means that you will be approved regardless of the owner's personal credit history. The only exceptions are for merchants in a current bankruptcy that has not been discharged for a minimum of six months, for merchants on Visa/MC's CTMF File, and for merchant applications that have falsified or fictitious information.
TMS Auto Approval Guidelines
- Visa/MC Monthly Volume Less Than $10K
- Average Ticket Less Than $300
- Future Service Liability Less Than 30 Days*
- Acceptable Type Of Business
Type 2: TMS Approval
If you do not meet the Auto-Approval Guidelines, you can still get approved! Your application will simply need to be supported by any one of the following:
- Owner with a good, established personal credit history
- Business or personal financial statements or tax returns
- Current credit card processing statements
|
