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What types of merchants does Cardservice International sign up?
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Cardservice International processes credit and debit card transactions for more than
185,000 traditional and Internet businesses. Whether you are building an e-commerce Web
site, a traditional brick-and-mortar business or a mail order/telephone order business,
you will want to open a Cardservice International merchant account,
which enables you to accept credit cards and/or ATM/debit cards as payment for
customer purchases.
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How long before I can accept credit and/or ATM/debit cards (i.e., the account is live)? |
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Once your merchant account is approved, which usually takes two business days, you
will be able to accept cards the very next business day.
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I’m not sure what terminal, equipment or software I should buy.
What is best for my business? |
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Whether you are starting a new business or expanding an existing one,
Cardservice International has the payment solution to support your processing
needs. Cardservice International serves traditional and Internet businesses, as
well as restaurants, mail order/telephone order and home-based
businesses.
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How does LinkPoint Basic integrate with my Web site? |
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To manually enter credit card transactions, you do
not need any additional integration. You log on to
a secure Web site and complete the credit card
transaction using your LinkPoint Basic virtual terminal.
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How is Cardservice International allowed to process credit cards? |
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Cardservice International is a registered service provider
for clearing and settlement institutions that sponsor Cardservice
to enter MasterCard and Visa transactions into the interchange system.
The settlement banks are our clearing banks and are members of
MasterCard and Visa associations; therefore, both card associations
are obligated to guarantee the settlement of merchant funds.
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Can I be approved if I have bad credit or no credit?
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We approve 98% of all merchants.
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How do I get my money?
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There are four steps to getting your money—initiating,
authorizing, completing the transaction and receiving your funds.
Step 1—Initiating the transaction
to verify that a card is active and within the approved spending limit:
- Brick-and-mortar and retail or restaurant environments—swipe the
card or key in the number through a point-of-sale terminal
(i.e., card is physically present).
- Mail order/telephone order environments—enter the card identifiers
the customer has provided you by mail,
telephone or fax (i.e., the card is not present).
- Internet environment—Customer provides your Web site
with card identifiers
(i.e., card is not present).
Step 2—Real-time authorizing,
which reduces chargebacks and catches card-entry errors:
- Credit card number is entered.
- Terminal or software transmits the credit card number
and expiration date and sales total to Cardservice International.
- Cardservice International transmits data to customer’s credit card-issuing bank.
- Customer’s issuing bank approves or declines the transaction.
Step 3—Completing the transaction:
- Merchant’s terminal or software transmits transaction
details to Cardservice International in a batch at close of the business day.
- Cardservice International forwards transactions to each credit
card company, which redirects the transactions to appropriate banks.
- Bank debits credit cardholder’s account and credits Cardservice International.
Step 4—Receiving your funds:
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Cardservice International credits your merchant account, usually within two to four business days.
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When do my transactions get funded? |
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Usually within two to three business days—after you submit your batches to Cardservice International.
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How is my money protected?
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Cardservice International is equipped to address
the key protection issues of both traditional and
Internet merchants, including fraud, loss prevention
and chargebacks. The company uses state-of-the-art
security technology, and the LinkPoint Secure Payment
Gateway uses Secure Sockets Layer (SSL) technology—designed
to protect all merchant and payment information.
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What if I need help with my account? |
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Cardservice International has more than 200 customer service
representatives available to serve you 24 hours a day, 7 days a week,
in more than 140 languages and dialects. In addition, Mymerchantoffice.com,
Cardservice International’s merchant-dedicated Web site, allows you to
access your merchant account information online at any time, from any location.
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