FAQs & Blog
Acquiring banks, merchant account and payment gateway? What does all this mean?
We have compiled a list of the most frequently asked questions clients have asked so far.
If you still can’t find the answer, use the form to the right and ask us directly!
Did you read the fine print in your merchant account agreement? The part where it says that you have to be compliant with all the rules and regulations and – more importantly – that if you’re not, you are subject to (repeated) fines and might lose your privileges if you’re found to be in violation of any of the above
All Merchant Providers require your website to be active, or at least (if it is not publicly accessible yet) a link to the working demo site to even consider processing your Merchant Account Application
A Payment Gateway is a service that processes electronic transactions; Most importantly it handles the communication between a customer’s credit card company or issuing bank and the merchant’s bank to [&hellip
To get a Merchant Account, you must have and/or be able to provide at least the following: *Depending on regional legislation and requirements, you might need more than one business [&hellip
If you want to do it right – yes. It’s almost like asking "Do I need a business license?" or "Do I need to pay taxes?" You might get away [&hellip
The Terminated Merchant or MATCH (Member Alert to Control High-Risk) file is used by MasterCard and Visa processing banks (the acquiring banks) to keep tabs on merchants and/or principals who [&hellip