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E-commerce - Merchant Accounts - Merchant FAQ

   

Do we need our own merchant status to use your system?

Do you accept merchants outside of Canada and United States?

Do international merchants need to incorporate and set up bank accounts in Canada or the United States?

Are there some types of merchants you don't accept?

Is there a minimum dollar amount?

What is the maximum dollar amount?

Do you restrict the dollar amount processed per month?

How many currencies do you offer?

What is the difference between Authorization & Settlement?

What are your merchants' experiences with chargebacks?

Why are chargebacks so low compared with industry statistics?

Which credit cards can you support?

What are online checks?

Does my web site need to be hosted in Canada or the United States?

Who links my site to the account provider?

In what currencies can I receive payment?

What type of bank account is required?

What is a merchant discount rate?

What is a chargeback?

How do I handle credits/refunds to customers?

What will be the name of the merchant on my customers' credit card statements?

When do I get paid?

Are we paid for transactions a month later or longer like some other vendors?

How do we make sure we have received all orders?

How do we ensure you are paying us for all orders?

What if we disagree with amounts?

What is PCI Compliance, and how does LFC help ensure I'm compliant?


Free Quote!

So, if you're looking to establish an online store, there's no question that you need the ability to accept credit cards.

With most other merchant account providers, including your bank, you will have to go through a substantial screening process, pay applications fees, and undoubtedly a fee for the cost of your processing terminal (either physical or virtual).

However, to close the loop in our one-stop shop for eBusiness, Loose Foot Computing is able to offer you with the ability to accept Visa, MasterCard, and AMEX through your website with your own merchant account (so that your company name will show up on the credit card statements of your customers) with no applications fees or obligation whatsoever. Therefore, why not get your Free Quote today, with no obligation, and start accepting credit cards almost immediately!


Get a Free Quote!

   


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