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What
types of merchants does National Merchant Bancard sign up?
Whether you are building an
e-commerce Web site, a traditional brick-and-mortar
business or a mail order or telephone order business, you
will want to open a National Merchant Bancard merchant
account, which enables you to accept credit cards and/or
ATM/debit cards as payment for customer purchases.
We
accept applications from almost all types of business
without restriction.
Click Here to Accept Credit Cards Now
How long before I
can accept credit and/or ATM/debit cards and go live?
You will be able
to accept Visa, MasterCard, American Express and
Discover for your products and services within 24 hours
upon completion of the online application and approval.
I’m not sure what terminal, equipment or software I
should buy. What is best for my business?
Whether you are starting a new business or expanding an
existing one, National Merchant Bancard has the payment
solution to support your processing needs. National
Merchant Bancard serves traditional and Internet
businesses, as well as restaurants, mail order/telephone
order and home-based businesses. The application process
will determine the most appropriate processing solution.
How does Authorize.Net®
integrate with my Web site?
Integrating Authorize.Net into your Web site is simple.
You just add a few hypertext markup language (HTML) tags
to the order form on your Web site. See the
Authorize.Net User Manual for full instructions.
How is National Merchant Bancard allowsed to process
credit cards?
Through National Merchant Bancard, a registered service
provider for clearing and settlement institutions that
sponsor National Merchant Bancard to enter MasterCard
and Visa transactions into the interchange system. The
settlement banks are our clearing banks and are members
of MasterCard and Visa associations; therefore, both
card associations are obligated to guarantee the
settlement of merchant funds.
Can I be approved if I have bad credit or no credit?
Yes. We have one of the highest approval rates in the
industry.
How do I get my money?
There are four steps to getting your money—initiating,
authorizing, completing the transaction and receiving
your funds.
Step 1—Initiating the transaction to verify that
a card is active and within the approved spending limit:
Brick-and-mortar and retail or restaurant
environments—swipe the card or key in the number through
a point-of-sale terminal (i.e., card is physically
present).
Mail order/telephone order environments—enter the card
identifiers the customer has provided you by mail,
telephone or fax (i.e., the card is not present).
Internet environment—Customer provides your Web site
with card identifiers (i.e., card is not present).
Step 2—Real-time authorizing, which reduces
chargebacks and catches card-entry errors:
Credit card number is entered. Terminal or software
transmits the credit card number and expiration date and
sales total to National Merchant Bancard. National
Merchant Bancard transmits data to customer’s credit
card-issuing bank. Customer’s issuing bank approves or
declines the transaction.
Step 3—Completing the transaction: Merchant’s
terminal or software transmits transaction details to
National Merchant Bancard in a batch at close of the
business day. National Merchant Bancard forwards
transactions to each credit card company, which
redirects the transactions to appropriate banks. Bank
debits credit cardholder’s account and credits National
Merchant Bancard.
Step 4—Receiving your funds:
National Merchant Bancard credits your merchant account,
usually within two to four business days.
When do my transactions get funded?
Usually within two to three business days—after you
submit your batches to National Merchant Bancard.
How is my money protected?
National Merchant Bancard is equipped to address the key
protection issues of both traditional and Internet
merchants, including fraud, loss prevention and
chargebacks. The company uses state-of-the-art security
technology, and the Authorize.Net Secure Payment Gateway
uses Secure Sockets Layer (SSL) technology—designed to
protect all merchant and payment information.
What if I need help with my account?
National Merchant Bancard has more than 200 customer
service representatives available to serve you 24 hours
a day, 7 days a week. In addition, National Merchant
Bancard's merchant-dedicated web site, allows you to
access your merchant account information online at any
time, from any location.
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