Frequently Asked Questions

Why do I need a Merchant Account as a Business Owner?

Studies show that customers spend an average of 30% more on purchases when they can pay for their purchases with a credit or debit card.  To stay competitive in today’s challenging business environment; a merchant account is part of the basic toolkit for business owners.

How long does it take to set up my Merchant Account?

Typically, account approvals can be made the same day as the application submission if all required paperwork is received.

Do I need to have perfect credit to open a merchant account?

No, perfect credit is not needed! Historically, our merchant account approval rate has been 99%. We will work with you to find a customized merchant solution that meets your business need.

What is ACH/eCheck Processing?

ACH or eCheck processing enables your company to accept and process customer checks through an online electronic funds transfer (EFT) system. You can use a Virtual Terminal to initiate e-check processing and process customer checks remotely at your business (saving you a trip to the bank).  You can process checks that you receive via the mail, fax, and telephone or face to face with customers.

What is a “Virtual Terminal”?

The Virtual Terminal is the most advanced Web-based platform for processing electronic payments (checks and credit cards).

The Virtual Terminal allows you to schedule single or recurring payments from customers. The Virtual Terminal includes a suite of customized reports to help you keep track of your receivables, better manage your resources and maximize your cash flow.

What is E-Commerce?

E-Commerce is the practice of advertising, buying & selling products or services over the internet.

What are the advantages of selecting your payments gateway from Pay Bizness?

Our payments gateway provides you with:

1. Easy Integration and Functionality
2. Secure (PCI-certified) System
3. Ease of Setup & Use
4. Co-branded logo on your payment page
5. Recurring & Direct Deposit Payment options for both checks and credit cards
6. Supports most Popular Shopping Carts (Secure WebPay)