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Requirements of getting merchant account in United States In this rapidly transforming world, where businesses are regularly changing their process of dealing with customers. With the in processes, the businesses now have started accepting the payments through credit cards. Although, of all the business process up-gradation with the help of technology,
Typically a merchant never directly contact to a bank for the merchant account initiation that should collect the card transactions. The reason for this there is a strong need of dealing with fraudulent and error transactions that needs to be handled with the guidance of professionals. For a merchant account that collects card transaction, the merchant should contact a processing company that acts as an intermediate between merchant and bank. They help merchant to deal with the card transactions effectively and help them to get funded from the bank against the legal transactions.
provide the general requirements that are listed below that will help merchant Registered business name in U.S.: The merchant account applicant must be legally incorporated in the U.S. or at least merchant registered its business with the local governance that could give them “Doing Business As” name (DBA). S. bank account: The merchant should have a running U.S bank account, in which the merchant will get the funds of their transfers deposited. www.merchantstronghold.com
Now for filing the application for merchant account the documents will Application Form The application form that will collect the basic information of the business and applicant. The information includephysical address,. Business license: The applicant’s business requires any kind of permit before being sold; the applicant needs to provide the appropriate license copy at the time of application. Incorporation proofs: if the applicant claims that their business have the existence in all over the world, then there is a requirement of providing/submitting the copy of incorporation paperwork, that proves that business is illegible to collect payment from around the world. www.merchantstronghold.com
Contact Us United-States US Head Office 10300 49th Street N Suite 427 Clearwater, Florida 33762 United-Kingdom UK Head Office 160 City Road Kemp House London EC1V 2NX +1 (888) 622 - 6875 +1 (844) 465 - 4723 info@merchantstronghold.com www.merchantstronghold.com