Q: How do I apply for a Merchant Account or Credit Card Processing Services?

A: Just fill out the one page application form. An MersaTech representative will contact you within one business day to review the information submitted in your application, and answer any questions you may have.

Q: Do I need to open a new bank account to accept credit cards with a merchant account?

A: No. As long as you are currently banking with a financial institution within the U.S. (non-credit union), you can utilize your existing account for your merchant account. All of the funds from credit card processing transactions we process on you behalf will be deposited to the bank account you select.

Q: How much does it cost to accept credit cards and process payments with a merchant account?

A: With MersaTech the cost to apply is $0. Upon approval we will provide a comprehensive list of credit card processing terminals and Internet payment processing solutions for use with your new merchant account.

Q: When can I expect the merchant account funds to be deposited into my bank account?

A: In most cases, funds will post and be available to you within 24-48 hours.

Q: What is a Discount Rate for the credit card processing company to process the sale?

A: The discount rate is the percentage of each sale that the credit card processing company charges to process the sale and deposit the funds to your bank account. Our discount rates are very competitive, with retail (face to face) rates starting as low as 1.35% and for merchants who take credit card transactions over the phone or Internet our discount rates start as lows as 2.29%. Higher risk merchants may pay slightly higher rates.