If you want your business to grow and prosper you must get an e-commerce merchant account right away! If your business does not evolve with changes in consumer trends and technology, it will be left behind. A major change in recent years is the trend towards cashless transactions. Customers want to pay for goods or services with their credit or debit card, without the burden of carrying cash in their wallet. Quick and easy card payments made on-line, by in-store electronic keypad terminal, wireless or mobile credit card processing, or by phone. Statistically speaking, people have moved away from cash and check payments.  Your customers have moved on and you have to evolve if you want to keep all of them and accumulate as many new ones as you deserve.

Applying for an e-commerce merchant account

To accept credit card payments you must apply for a merchant services account. If you have a bad credit record or have no credit record, don’t worry. With, virtually anyone can qualify to accept credit cards.

To apply you will need to decide if you want to operate your business as a legal entity or if you want to operate as a sole proprietor.

To apply as a Corporations, LLC, or other legal entity, you’ll need an Employer Identification Number (EIN).  You can sign up for an EIN online at the IRS’s website.  You’ll also need to have a business checking account in the name of your company.

Sole proprietors can open a merchant account under their own name, using a social security number as their tax ID number and their personal checking account to receive deposits.

What affects your e-commerce merchant account application?

Merchant service providers and their partnering banks carry a massive risk when approving merchants for accounts, and certain risk factors will affect your rates.  The main factor is what industry your business is in.  Certain industries are classified as “high-risk” by the credit card companies.  But certain merchant account providers, such as, specialize in approving high-risk merchant accounts, in addition to standard merchant accounts.

Get your merchant account from

Applying for an e-commerce merchant account is easy. Once you have been approved and start accepting credit card payments, it is vital that you keep your merchant account in good standing to ensure the long-term success of your business. Your main focus must be on keeping chargebacks at a minimum. can help your business with strategies to avoid chargebacks, saving you money and hassle. Apply for a merchant account with today or call 1-888-924-2743 to discuss your requirements and related options with a representative.



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