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FREQUENTLY ASKED QUESTIONS
| How long does it take to approve a merchant account?
How soon will I receive my revenue? Can I see the system in operation? How can you help me prevent fraud? Can I accept personal checks on line? Can I accept checks and not accept credit cards? What is the procedure to accept credit cards and checks on line? |
Can I use your bank and not your Internet Gateway
Provider? Can I use your Internet Gateway Provider and not use your bank? Are there restricted industries? I have poor credit; will I be able to open an account? |
| How long does it take to approve a merchant
account? For domestic accounts, most merchant accounts are approved within 72 hours from receipt of a completed application. You can be processing transactions in less than 8 business days. Offshore accounts take longer. Time depends on the specific bank, some are quicker than others. You can expect it to take 3 – 4 weeks to obtain an offshore account. How soon will I receive my revenue? Domestically, as soon as 48 hours after a sale is complete. Most offshore
accounts, pay weekly and you are one week behind. MasterCard, Visa and Discover
Yes. If you are the merchant and want to view the system, go to Our Demo this will give you a demo for our credit and debit program. Use wwepdemo as your user name Use wwepdemo2 as your password More often that not, a review of your procedures and practices can reduce your chargebacks as much as 50%. After best practices are established, then the electronic help begins.
Yes, this is a seperate program for credit card processing. Yes. |
What is the procedure to accept credit cards and checks on line? Can I use your bank and not your Internet Gateway Provider? No. No.
A few. We have been in business since 1994 and specializing in the adult entertainment and products industry since 1996. |
| I have poor credit; will I be able to open an account? No Over the past decade, it has been our experience that successful merchants
continue to have many questions beyond the time we first discuss their
merchant account. Our staff is happy to promptly answer, follow through
and solve many issues that merchants encounter. It could be as simple
as a change in their checking account, address, or a need of free supplies.
Even if you want to open another business, you have only one number to
call - 888.5.Banker (888.522.6537) One of the lessons we've learned over the past few years is that people look for three things when they make purchases. They look for the finest quality, the best service and the lowest rate. We've also found that no company can offer all three. They can't offer the finest quality, the best service and the lowest rate. We need to know, for protecting the life blood of your business, which one of the three would you be most willing to give up? The finest quality? Excellent service? Or, the lowest rate? |
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