North American Bancard Blog

What Type of Merchant Does North American Bancard Approve?

Posted by Brooke Tajer on
 

 Question: What type of merchant does North American Bancard approve?

Answer: North American Bancard is a private processing company, and we are dedicated to serving the credit card processing needs of retailers ranging from a small corner store to major retailers – and everything in between. We approve all types of merchant accounts – from multi-location, multi-million dollar a month merchant accounts, to smaller mom-and-pop retail businesses. To be a North American Bancard merchant, you must have a U.S. address and bank account for all merchant accounts.

To get started with North American Bancard, visit www.northamericanbancard.com.

 Here’s a couple more helpful tips and FAQ’s to help you get started with North American Bancard:

Question: What does my business need to open a merchant account and get set up to accept credit cards?
Answer: North American Bancard requires a signed merchant agreement, a voided check for the account you wish your funds to be deposited in, and a site survey. We may also require business banking statements or additional financial information depending on the parameters of your account. You will need a POS (point of sale) system in the form of a credit card terminal, software, or phone service to run credit card transactions.

Question: How long does it take to setup a merchant account?
Answer: A merchant account is normally approved within 1 to 2 days. After approval, your POS (point of sale) system can be downloaded and you can begin to run and accept credit card transactions.

Question: How do I establish an e-commerce merchant account?
Answer: North American Bancard requires a signed merchant agreement, a voided check for the account you want your funds deposited into, and a site survey. We may require business banking statements or additional financial information. You will need a POS (point of sale) system in the form of a terminal, software, or phone service to run transactions.

Question: How do I establish a retail or traditional direct marketing merchant account?
Answer: North American Bancard requires a signed merchant agreement, a voided check for the account you want your funds deposited into, and a site survey. Depending on the needed parameters to your account, we may require business banking statements or additional financial information. You will need a POS (point of sale) system in the form of a terminal, software, or phone service to run transactions.


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