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What
you need to get started
The
online application takes about
30 minutes to complete. You
will require the following
items to apply:
1. The SSN, Driver License
and Contact Information of
the principals of your business.
2. The Bank Account and Routing
Numbers of the Checking Account
used for your business.
3. Information about your Business,
including a Tax ID or SSN and
Location Information.
Account
Approval
If
there is any additional
information that is needed
or if you have had any
problems with your application,
our payQuake representatives
will contact you to clear
up any problems. Some of
the only reasons you may
not get approved are because
you have an open bankruptcy,
a lien, or you have been
placed on the Terminated
Merchant File (TMF).
You
are not limited to any
monthly volume, however,
please consider your monthly
volume carefully. A high
monthly volume will require
additional information
to approve your account.
A low monthly volume may
be easier to approve, but
if you exceed that volume
in actual processing, then
your funds can be subject
to withholding by our backend
processors for fraud mitigation.
There
may be cases due to your
credit, type of business
or bankruptcy, where you
will not qualify for the
above listed rates and
fees. In this case, you
will be notified and sent
new paperwork to sign and
send back. The material
changes may involve a monthly
minimum, reserve account,
statement fees, and/or
different discount rates
and transaction fees.
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