Starting Your Merchant Account
What You Need To Know
A merchant services account from Switch Commerce gives you low, competitive rates and access to credit card processing to accept credit and debit cards like MasterCard, Visa, American Express and Discover. In addition to credit and debit card processing we can assist you with our other payment services like gift cards, loyalty cards, check services electronic and mobile payments. Switch Commerce makes credit card processing available in all forms, whether your business needs to process payments for online selling, mobile field sales or traditional storefront retailing – we afford you the flexibility to choose any combination to work with your merchant account.
Identifying Your Merchant Account Service
Setting up a merchant account and accepting credit cards is the first step to offering customers the kind of payment processing they’ve come to expect with the efficiency you deserve. In order to maximize your merchant account, choose from any number of our merchant services to fit your industry solution and begin customizing your merchant services account. Whether your objective is one or multiple credit card platforms, consider any of the following.
- Storefront locations for physical card transactions
- Mobile credit card processing for your cell phone or laptop
- Phone or mail order transactions
- Online shopping cart or eCommerce website
- Wireless credit card terminals
- Gift and loyalty cards
- Check verification and conversion services
What It Takes to Open Your Merchant Account
Switch Commerce has perfected the merchant account program. Making the merchant application process efficient, so you can begin accepting payments by credit card as soon as 24 hours. As the business owner, prepare in advance by having all the essential documents to open your account in-hand, complete the online application and Switch Commerce will take care of the rest. Here’s a quick checklist for the documentation necessary to open your merchant account:
- Business and tax details – Merchants must provide corresponding legal business name and tax identification number along with a business license or documentation that verifies the business has been registered legally, in order to be considered for an account.
- Bank account details – Merchants must have established a bank account in advance (for receipt of future proceeds of credit card transactions processed through the account).
- Account and routing numbers – Merchants must provide a voided check with their business name imprinted on the check or a letter from their bank on bank letterhead verifying their bank account and the bank routing number, in order to make the account approval process go smoothly.
- Proof of ownership – The business owner must have at least 20% ownership for the account to be granted in his name.
- Merchant account application – The business owner must sign and date each required section, in order to process the merchant application.
