Internet Merchant Account Application

Section 3: Merchant history and transaction information

Complete all business and transaction information:

  1. Merchant History

Field

Description

Required?

Ever Accepted Credit Cards Before?

Whether your business has ever accepted credit cards.

Yes

If Yes, Name of Previous Processor

If the answer to the previous question is Yes, enter the name of the company that provided your merchant account.

If Yes on previous question

Ever Had a Merchant Account Canceled?

Whether your business has had a merchant account canceled.

Yes

If Yes, Name of Processor

If you had a merchant account canceled, enter the name of the company that canceled the account.

If Yes on previous question

Reason for Cancellation

If you had a merchant account canceled, enter a brief description of why the account was canceled.

If Yes on previous question

Date of Cancellation

If you had a merchant account canceled, enter the date it was canceled.

If Yes on previous question

 

  1. Transaction Information

Field

Description

Required?

Total Estimated Monthly

Your average monthly sales volume.

Yes

Total Estimated Monthly Visa/MC Sales

Your average monthly sales volume for sales made through Visa and MasterCard transactions.

Yes

Estimated Average Credit Card Ticket

The average amount of a credit card transaction for your business.

Yes

Refund Policy

Your business's standard time-after-purchase for refunds.

Yes

 

  1. Payment Options That You Wish To Accept

Check the boxes for the payment methods you want to accept through your Web site. Where applicable, enter your existing merchant number.

Note: Some methods (such as MasterCard and Visa) are automatically enabled for your merchant account.

  1. General Comments

Enter any further comments about your business, contacts, or merchant and transaction history.

  1. Click Continue to proceed to the next section.