merchantprocessing – Merchant Services

International Merchant Accounts And Merchant Services

Merchant account services worth high quality can be provided to you by Merchant Stronghold irrespective of your geographical location. Business owners from various countries are opting for our services regularly. For processing credit cards, merchants don’t need to depend on a single merchant account; our international banking partners are always there to help our customers.

Our huge network of international merchant accounts include –

Merchant services: When it comes to serving global businesses, a wide range of merchant accounts are offered by Merchant stronghold. Your business requirements are bound to find the right solutions from online merchant account, MOTO, and retail merchant account services. Besides providing offshore and international merchant accounts to e-commerce merchants, we also serve them with merchant accounts that fall under high-risk and low-risk categories. Merchant stronghold even serves specific industries with merchant account solutions that involve webcams, adult videos, online dating as well as payday loans. You must gather more knowledge on merchant account services provided by Merchant Stronghold before you get registered with us –

Payment Gateway Services: Our payment gateway is PCI compliant and is shown under our online merchant services. For managing the online transactions of our clients more effectively, a user-friendly environment is provided by our payment gateway. A few expert developers in our team of professionals are entrusted with the task of maintaining this gateway. Our virtual terminal can be accessed by you without any extra cost once you qualify as a Moto merchant. It will enable you to accept credit cards through mail orders or via phone calls. Know more about the payment gateway provided by Merchant stronghold.

Credit Card Processing Services: Merchant stronghold offers a variety of credit card processing services alongside multiple merchant accounts. China UnionPay, American Express, MasterCard, Diners Club, Visa Electron, Discover, Visa, and JCB are a few of the major banks that can provide you with credit cards. Payments received in a little over 160 currencies can be processed by merchants. Euros, GBP, and USD are some of the most used currencies. You must acquire more information on the credit card processing services.

Shopping Cart Services: When it comes to making your e-commerce website more user-friendly, you’ll need to identify the right shopping cart. Our Merchant Stronghold payment gateway works well with 40 shopping carts that are quite popular. PrestaShop, Magento, Zen Cart, X-Cart and eCommerce are a few of the shopping carts that have gained much popularity in the recent times. The payment modules included by Merchant Stronghold shopping cart services for each of these modules are free. Acquire more knowledge on our shopping modules and carts.

International Merchant Accounts And Merchant Services

Our huge network of international merchant accounts include –

Merchant services: When it comes to serving global businesses, a wide range of merchant accounts are offered by Merchantstronghold. Your business requirements are bound to find the right solutions from online merchant account, MOTO, and retail merchant account services. Besides providing offshore and international merchant accounts to e-commerce merchants, we also serve them with merchant accounts that fall under high-risk and low-risk categories. Merchantstronghold even serves specific industries with merchant account solutions that involve webcams, adult videos, online dating as well as payday loans. You must gather more knowledge on merchant account services provided by Merchant Stronghold before you get registered with us –

E-commerce Merchants And E-commerce Gateway In United States

E-Commerce Business and merchants:

We all are very well aware that when Business and commercial activities are done Electronically it is referred as E-commerce. Sometimes back it was something which was considered as an advancement in the sector of Business and Commerce but now its a requirement and is taking over rapidly the whole of the market. Present and future of Shopping is online and will be completely online. And this the reason we are seeing numerous start-ups, entrepreneurs starting up with E-Commerce business and achieving their goals and growing globally. It has helped merchants to connect with their customers beyond the boundaries, and even made customer’s experience also fast, seamless, and most convenient.

A report says that E-Commerce Business sales will cross the figure of $638 Billion by 2018 in the only US using the Mobile devices. Now when you are dealing with an online business in order to take a payment from your customer through their card or electronic check you will essentially need a merchant account. A PCI compliant Payment gateway which and be integrated with your E-commerce based Business website and allow your Customer to make a transaction online and help in placing an order and paying for it online. And Here is an important Role of Payment service Provider (Merchant Service provider) who will provide an account or gateway for Merchant to take the payments online. Since an E-commerce Business can fall under either High-Risk category or a low-risk Category as per nature and transactions involved in Business a merchant applying for merchant account Must cross-check for the business category :

The following criterion is a perfect match for any business that falls into the low-risk category –

Every month an amount lower than $20,000 is processed by you
The average size of ticket that you possess is lower than $50
Your chargeback ratio is quite low
The industry that you cater to reflects a lower risk
The country of your incorporation falls into a low-risk category

What steps to be followed while going for an E-Commerce Merchant Account :

Once you are done with your business setup and you have found that your business is under which category all you need to follow these simple steps to get a merchant account.

Choose the Right Domain
Pick a Web-Hosting Service
Design Your Website
Shopping Cart for Online Business
Payment Processor Solution for your online Business

Merchant Stronghold is one of the leaders in the merchant account industry. We offer payment Gateways and payment options that are ultimate. Before Opening a merchant account, you should know which account is best for your business. If you choose the right account, it will solve many of your problems and increase profit margin. An E-commerce Business merchant account with Merchant Stronghold will offer you these benefits:

Reliable Merchant Account Services
Merchant Account Pricing
24/7 Merchant Support

And above all, it will help you in growing your business smoothly.

The Best Offshore High Risk Merchant Account Tips And Advice

We Are providing High-Risk Merchant Accounts Tips If You have a Business, you need to know about Merchant Account and also need a good merchant account for record keeping to credit card processing and for the chargeback investigation, Merchant Account Maybe your good Friend or the worse enemy. A good Merchant Account Provider understands the issues that will arise in your business, If you want to sell something online you need both a payment gateway and a merchant account, A Bad Merchant Account provider will fix you for industry-standard issues and A Merchant account due to their credit card issue. The fact is that many major merchant services providers are undecided to take on merchants with bad credit, often understand them to be too high of a risk for chargebacks and Fraud Prevention.

Below a few Tips Advice that can help your search.

The First one is, High-Risk Merchant Account looks at their respect for your business. Not with all business, but by the tech support business. Some claim to work will all “high-risk merchants account, but that is not big issues that occur in every single business. While they are all under the same “high risk” Merchants, tech support businesses have different issues. Be sure to network with local tech support merchants to learn of their merchant account decision, as this can help speed up your search.

If you work a tech support industry you need good credit card processing at affordable charges. Unfortunately, there are not various merchant account providers that provide Indian, U.S. or U.K based tech support industry with merchant accounts, and even fewer merchant account providers that offer reliable credit card processing at affordable charges.

The second one is, ask questions, this may be a common understanding for the advice, but sometimes a merchant Provider is so rushed to Provide a merchant account that it is looking at Specific information, but does ask some questions. and the question is. Do you know your current processing fee schedule? if not, then you need to inquiries. Ask Questions. ask about Chargeback Insurance and inquiries. ask about the processing fee record, and if it rises when something arises in your industry. and Ask about termination charges. these things are very important, and they should be asked before you sign on with a merchant account processor.

Everything I know about A Merchant Account

If you need Merchant Account and If you are searching online for key phrases related to high-risk merchant accounts and provides of Visa, MasterCard, American Express, discover credit card processing services for high-risk business types and if you need some help. then you come to the right place #Merchant Stronghold. Almost everything you need to know about receiving credit cards in USA, UK, and Canada with a high-risk merchant account can be found here for our goal.

Understanding And Process Flow of ECheck Payment Processing Work

Understanding and Process Flow of ECheck Processing..!

If you have been executing a business for some time, the chances are high that a client has asked for to make payment utilizing an Echeck. Merchants frequently let their payment processors handle the details. Also, when disputes emanate later, the merchant is left with little to do, other than accept the processor’s requests.

As an entrepreneur (who starts a business alone), it is compulsory to have at least little grasp of what goes on when a customer pays through an echeck. Be that as it may, to start with, let’s answer the obvious question: what is an echeck Processing?

What is an Echeck Processing?

An electronic check is a type of payment process where a client’s assets are deposited into a merchant’s account over the ACH (Automated Clearing House) network. To process such payments, a merchant requires an echeck processing, through which payments made by echecks can be pulled back straightforwardly from the customer’s bank account.

E check Processing Merchant Account for High Risk Business

If your business already accepts credit and debit cards, your present Merchant account Provider might be willing to incorporate ACH preparing to your effectively existing system. Organizations, for example, Merchant Stronghold offers both cards and Echeck Payment Services to online businesses.

Once you’ve recognized a processing account that concurs with your requirements, the time has come to fill out the application. The data required will incorporate your evaluated processing volumes, and in addition the years your business has been in operation. The application process is normally quick and simple, and approval typically takes a couple of days.

How Echeck Processing Works?

In some ways, Echeck processing is like paper check handling, although it is faster and more efficient

Echeck Payment Processing generally takes place in the following steps.

The purchase is Approved

To approve the purchase, a client can either round out an online form or converse with the merchant specifically through a recorded telephone call. Simply, after the approval, the merchant can pass the check data to the payment processor.

Payment is Completed

The payment processor supervises the immediate withdraw of the funds indicated by the check from the client’s bank account, and prints out a receipt.

Deposited Funds into the merchant’s bank account

It takes a few days in the wake of starting the transaction for the check to clear and the money to be deposited into the merchant services record.

Recurring payments with Echecks

Credit Cards and Debit cards may be the most widely recognized approach to make an online payment, yet with regards to recurring transactions, echecks make the sense. Thus, ACH billing is progressively picking up footing among property managers as a reliable approach to gather month to month rent.

Businesses that charge clients settled expenses at each finish of a specified term should, therefore, embrace echecks as an essential payment technique.

Online Improper High Risk Merchant Services Underwriting Directly Affects Your Business

To acquire a customary Merchant Account, your business must experience go through a wide analysis process called merchant underwriting. Sorry to say but some Merchant Account Provider doesn’t satisfactorily underwrite businesses, which can rapid issues down the line.

Merchant Account underwriting is completed by an individual or team of high risk analysts and in general takes two days to a week to complete, depending on the provider. For businesses needing a quick fix, there are options that don’t require any underwriting — but those have their own drawbacks. More on that later.

First, let’s go over what underwriters usually review.

Representative Merchant Underwriting Process

The vital goal is to evaluate the business’s level of high risk for the provider. Why? Because of a merchant account is fundamentally a line of credit. If a business is strike with a chargeback but doesn’t have enough funds in the bank to pay it, the provider fronts that expenditure right away.

Just before truthfully establish the High-Risk Business level, providers review the following:

Industry Type— every business kind has its own level of risk. For example, a business that swipes cards is less inclined to deception/fraud and chargebacks, and is, therefore, less dangerous, than a business that sells products on the web. The riskier the business, the more support documents and information required for review.
Business History and Policies— This incorporates years in industry, billing, shipping and returns policies (if applicable). Organizations that ship products are riskier because the product might not be delivered, which can result in a chargeback.
Merchant History and Card Acceptance Method(s)— Providers will need to know things like your business’s chargeback ratio (over 1 percent is a red flag), whether your business is or has been on the Merchant Terminated File and, if so, why. Most providers evaluate current merchant statements to get an idea of processing volume and methods of acceptance. Businesses accepting tips or phone and online orders are taken into consideration for added features and security measures if approved.
Processing Limits Requested— Providers will take these into consideration in conjunction with the above information. Providers should set your limits on a happy medium — they should accommodate your regular processing without giving too much room in the event of a large fraudulent charge. If your business doesn’t need very high limits, your account shouldn’t be set up that way.
Financial Stability— This can include a look at the business’s bank statements, its financials and, usually, the owner’s credit. This is vital for high-risk businesses, as this information can make or break the merchant underwriting approval.

Some providers inadequately review businesses, resulting in issues after they’ve started processing.

Poor Merchant Underwriting After effects

Without an in-depth analysis, your High Risk Business may suffer from one or all of the following:

Incorrect Limits— whether you’re left with insufficient or excessive limits, it’s a problem. Limits that are too low will hinder your business from processing your regular transaction amounts, which may prevent customers from paying on time and constrict your cash flow. If limits are set too high, you may get hit with major fraudulent charges you can’t cover.
Hidden Volume Fees– Some providers will give you a limit, but let you exceed it without warning. The penalty? You’re charged an additional fee for either the volume that went over your limit or on the entire processing volume for that month.
Downgrades– If your account is set up without certain features and security measures, you’re susceptible to transaction downgrades, which mean you’re unnecessarily paying higher transaction costs. Providers often fail to set up accounts with these features because it means more money in their pockets on the downgraded transactions.

Some businesses opt for an account with Payment Facilitators, such as PayPal, Stripe or Square, which bypass merchant underwriting altogether. While they may seem like a better option, these alternatives have their own pitfalls.

Speak with a specialist about underwriting at 888-622-6875.

The Best Retail High Risk Merchant Accounts Service Provider

What is Retail Business and Retail Merchant Services?

Well, any business that is involved in selling finished merchandise to an end user is considered to be a retail business. According to the figures released by the U.S. Census Bureau, Following is a list of 13 major types of retail businesses and figures in percentage of total Sales generated by these businesses separately and annually in the States :

Sr. Percentage Types of Retail Business

1 20.0% Motor vehicle & parts dealers

2 13.0% Food & beverage stores

3 12.5% General merchandise stores

4 11.0% Food services & drinking places

5 10.0% Gasoline stations (and convenience stores))

6 9.2% Non-store retailers (Internet shopping, catalog, direct sales, etc.)

7 6.0% Building material & garden dealers (home improvement)

8 6.0% Health & personal care stores (pharmacy/drugstores)

9 5.0% Clothing & clothing accessories stores

10 2.3% Miscellaneous store retailers (specialty retailers)

11 2.0% Furniture stores

12 2.0% Electronics & appliance stores

13 1.7% Sporting goods, hobby, book & music stores

In order to strengthen and update the retail business, and to meet the requirements of the customers and as an advancement in providing the customers all the ways to make the payment Merchant needs an account or merchant services for which they look for a reliable and stable Merchant Service Provider.

They may be looking either for a Virtual Terminal, Point of Sale (POS) device or a Payment gateway so that payments can be accepted by All major credit cards, debit cards, ACH payments, Prepaid cards or gift cards etc.

Merchant Stronghold’s Merchant Services :

Our payment gateway is PCI compliant and is shown under our online merchant services. For managing the online transactions of our clients more effectively, a user-friendly environment is provided by our payment gateway. Our expert developers in our team of professionals are entrusted with the task of maintaining this gateway. Our virtual terminal can be accessed by you without any extra cost once you qualify as a Moto merchant. It will enable you to accept credit cards through mail orders or via phone calls.

We Support existing businesses as well as start-ups and there is nothing to think about how small or how big business setup you are, we will always try to onboard you within the norms and parameters. Merchant Stronghold helps you grow as we provide sales verification or Customer services also and that too at an affordable price.

High risk payment gateway in USA merchants and payment processing solutions

Payment Processing Solutions

Merchant Stronghold offers reliable online credit card processing for a variety of merchants worldwide.

Recurring Billing Services: Subscription Based Payments Increase your cash flow with scheduled on-time payments. Whether for installment or subscriptions, our platform securely stores payment info for convenient repeat business. Recurring billing makes selling subscription products and services easy. Sell more products online to more customers faster.

Quick Integration: Get Setup in Minutes Work smarter, not harder. Merchant Stronghold allows you to easily process credit cards from your customers without having to write a single line of code. Start accepting orders without having to fuss with complicated APIs and documentation.

Superior Reporting Tools: Up-To-Date Technology Our powerful reporting tools can help you understand, export and present your data beautifully and efficiently. See how your products are performing by creating reports that track real-time information across all your accounts like Clicks, Leads, Conversion Rates, Revenues, and more.

Billing Management: Simplify Billing Tasks Merchant Stronghold makes it easy for managing your daily billing tasks. From creating coupons and discounts to notifying your customers of any changes to their subscription. You can also send invoices, customize sales tax, and even invoice a customer. Merchant Stronghold gives you full control to simplify your workload.

Superior Fraud Detection: Comprehensive Solution Merchant Stronghold built the most comprehensive solution for identifying online fraud in the performance marketing space. We offer advanced security screening and fraud prevention services that keep all data safe and secure while lessening all instances of chargebacks and unauthorized payments.

50+ Currencies Accepted Worldwide: With the global reach of Merchant Stronghold we have become the ultimate payment platform anywhere you do business. You’ll be amazed how quickly Merchant Stronghold has made generating revenue you need with just a few simple clicks.

Data Export It’s Your Data: Our intuitive interface and controls allow you to easily sort, filter and export your data to Excel, CSV, and PDF. There are no limits. You can export your own data, any time you want.

PCI Compliant Secure Cardholder Data: From the world’s largest corporations to small Internet stores, compliance with the PCI Data Security Standard (PCI DSS) is vital for all merchants who accept credit cards, online or offline, because nothing is more important than keeping your customer’s payment card data secure.

Best Offshore High Risk Merchant Accounts for Escort Listing Business

ESCORT BUSINESS SERVICE ACCEPT CREDIT CARD PROCESSING FOR HIGH RISK ESCORT MERCHANT ACCOUNT

During the last numerous years, escort services have become one of the quickest growing industries. Having the abilities of credit card processing to your escort commercial enterprise will offer the first-class comfort for your customers. By allowing credit card payments, there’s a massive capability growth for sales. Merchant Stronghold offers escort merchant accounts which are specially designed for online, in-app. Get in touch with Merchant Stronghold to manage your escort merchant account nowadays.

Escort business is commonly plagued with the frightening task of looking to be authorized and set up with an escort merchant account. Escort merchants need to pursue a financial institution that works ordinarily with escort companies and understands the extended high risk that comes with the industry.

Escort merchant accounts are available for domestic and offshore banks allowing escort agencies everywhere inside the world international to be authorized and setup with an account. The banks we are capable of use from our banking network substantially greatly depend on the location of the organization. If the merchant is located inside the United States., we’re capable of to submit your account to a number of different banks. Merchants based totally outside of the United States may be submitted to different offshore banks one at a time depending on charges and approvals. We start with the lowest rate banks and observe to greater banks if required.

Payment Solutions:

Offshore
Domestic
Ecommerce
Retail

Escort Industry facing the difficulties

Although the enterprise has visible large growth, banks and creditors keep looking the adult orientated nature of escort services as a High Risk. just like the Adult industry has regulations and policies, so do the providers of Merchant Accounts. Even if you are a longtime business with transaction history, finding a processor this is willing to work with a high risk business can show hard. Financial institutions have categorized escort businesses as High Risk for Some reasons which include:

Dispute Rates and High Chargebacks
Rules and strict Laws

Chargebacks and dispute can happen when a client is attempting to conceal data from a spouse/family or if they are utilizing a stolen card. Different dangers incorporate merchants who utilize their site as a front for money laundering or even to sell prohibited prostitution. Merchant Stronghold can get your merchant account approved quick and simple, no matter the tendencies institutions may also have toward this industry.

Merchant Stronghold will help you to Approve Escort Merchant Accounts.

Signing up for an escort service merchant account at Merchant Stronghold is straightforward. you may rest confident that your prices will never boom for the whole lifetime of your partnership at Merchant Stronghold with our Lifetime price Lock assure. Get custom designed credit card processing solutions especially to meet your enterprise needs. help reduce the risk of chargebacks on your escort organization with secure and safe payment gateways.

Our U.S. based customer support service team is prepared that will help you, one on one, every time you need us. Get help with account questions, recommendation on credit card readers and to set up your online credit card processing account. Get more information to contact our Merchant Account Specialist.

Escort Business Service deserve Best Merchant Account

Customers who used escort offering benefits security and protection. The high-quality manners to make sure both are to have an escort service merchant account. because of the truth that escort services are watched intently, protecting customer information is important. Escort merchant accounts are normally used through Payment gateways which might follow PCI standards. Which means the customer’s information could be very secure and protected.

Fast Payment Solutions

Escort services want to be treated like a legitimate enterprise. Because of this, your business desires to raise money for you to pay your vendors and employees.

You can work your approach to record benefits with adaptable payment gateway alternatives via High Risk Solutions.

Now Start Today!

You are invited to contact High Risk business Solutions about being able to start your escort payment processing business with securely and reliably.

You can get started by filling out the application form Merchant services or by calling 1-888-622-6875 to speak with our helpful staff directly. Within minutes, you can be on your way to success in the adult-related industry.

Escort Merchant accounts are typically endorsed and setup inside one week. The time allotment depends for the most part on the organization that is applying and the bank that is underwriting the account. The application is exceptionally direct and a couple of few documents are required to go with the application including; a photo ID, voided check, bank statement, processing statements, and corporate documents. Obviously, if the business is a start-up, a few documents will be inaccessible. It is essential that the merchant provides a number of records as possible in order to expedite the underwriting process.

After approval, an agreement is drafted and sent to the merchant, once returned, login credentials are issued and merchants can start joining and begin to start running transactions. Setup of the merchant account and virtual terminal are effectively done. Your organization’s website specialist will be able to configure the virtual terminal to fit the requirements of your business. After the setup is finished, the merchant will begin running live transactions rather than the test transactions that have already been previously running.

We Process Payments For:

Adult Dating Listings
Online Dating Sites
New Startups Business
Established Companies
Spa Business
Tech Support Business
Nutraceuticals

Credit card fraud is an ever developing epidemic. Consistently we read about the freshest security breach and the impact it had on the organization that was breached. When you are searching for an escort merchant provider, pick one that offers something other than payment processing but also the peace of mind.

Our banking networks organize works particularly with escort organizations and know about what sort of transactions will be handled (estimate, recurrence and so forth.) not at all like different banks that will rapidly close accounts that they see as unsafe, our banks completely comprehend the escort business. When you choose to work with our organization, you have settled on the decision to work with a pioneer in the escort payment industry.

Escort and Adult merchants are authorized and setup generally inside one week. Dependable merchant services are the backbone of any business, mainly an escort business. Merchants have the capacity to integrate their website(s) with the comfortable safe and secure payment gateway, allowing their customers to buy their products or services in actual-time. Merchants also are capable of using the digital terminal this is covered with all merchant accounts with the intention to manually technique customer payments.

Good merchant services can be hard to find, but Merchant Stronghold offers merchant accounts for Escort Services customized to your business. Simply click below to get started today.

ISO Partnerships Merchant Services For Merchant Stronghold

Merchant Stronghold has its Headquartered in Clearwater, Florida. It provides credit card processing services for businesses of all sizes. Voted the #1 High Risk Merchant Services Provider in 2015, and 2016. Merchant Stronghold specializes in high risk and offshore merchant accounts.

ISO Partnerships: The types of programs offered ensures that you find a program to fit your needs and objectives. You’ll find we’re an excellent choice—for one simple reason. You don’t have to fit your business into our system—we fit into yours. We offer our ISOs the flexibility to build and grow their businesses. Participate in a proven, multi-pronged operation with unlimited profit potential. We provide marketing tools, resources, and support to sell Merchant Stronghold products and services within your market.

ISO Partnerships Features-

Choose from a variety of competitive revenue sharing programs for the right compensation model, including risk, no-risk, and full-service processing
Address the needs of nearly every industry, thanks to our comprehensive array of merchant transaction processing solutions
Robust online reporting tools designed to give you control of your business
Benefit from Merchant Stronghold reputation in world-class payment capabilities

Potential ISO Partnership Program Benefits

Potentially generate more revenue with a generous multi-option compensation structure, including bonus incentives and discretionary residual and retirement buyout arrangements
Increase your customer satisfaction with our Customer Merchant Service Department that supports merchants 24 hours a day, 365 days a year
Expand your ability to serve nearly every industry and process transactions for small- to medium-size merchants
Offer a greater breadth of products and services

How long will it take for the account to be approved?

Debit only accounts will be approved within 48 hours. Visa/MasterCard accounts will receive a response the same day if submitted by 12:00pm PST. This assumes that the merchant application is completed and no additional information is required.

What are considered prospective merchants?

Merchant Stronghold will review any merchant applications that apply. We mainly accept almost all High Risk and eCommerce Businesses. There are certain industries that we will not approve which are listed in our underwriting criteria, but we will work with some of our strategic partners to provide an alternative solution that will accept these merchant accounts.

Can you process offshore merchants?

Yes, Merchant Stronghold has established several relationships with offshore High Risk Merchant Account entities. These applications have different requirements. To obtain additional information, contact our Sales Support team.

What is needed to approve a merchant account?

Review the underwriting criteria document. We have segmented different merchant types based on certain criteria. Each segment requires a different set of information which is outlined in our underwriting section. Some of the basic things are :

• Business Bank Statements

• Articles of Incorp of the business

• EIN IRS document

• Void Check or Bank letter

• Personal Bank Statements

• Business Tax returns, if any

• Personal tax returns, if any

• Processing Statements, if any

Will Merchant Stronghold approve an application if additional information is submitted?

Merchant Stronghold will attempt to approve an application if all additional is submitted. Merchant Stronghold understands the frustration in informing the merchant that additional information is required, but it is important to properly underwrite the merchant. Merchant Stronghold strives to provide the agent with all of the additional requirements the first time to expedite the approval process and limit the time necessary to approve the merchant.

Merchant is changing ownership, what steps are needed?

Have the new owner sign a new application plus obtain a voided check. Have the old owner write a letter of cancellation, and have them note that the new owner will be processing with NMC to avoid any early cancellation fees.