Q. How do I locate my Checking Account Number?
A. The numbers to the right of your routing numbers are your Checking Account number
NOTE: If you notice extra zeroes before or after your account number, please include them as part of your account number.
Q. How do I locate my Bank Routing Number?
A. The first 9 numbers from the left at the bottom of your check are your Bank Routing Number. This number is always 9 digits.
Q. What is an EIN?
A. An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an EIN. You may apply for an EIN in various ways, and now you may apply online. This is a free service offered by the Internal Revenue Service.
To read more and apply for an EIN Click Here ›››Q. What is a Trade Reference?
A. Name and contact-particulars of one or more businesses with which your firm does regular business, used as a means of verifying the creditworthiness and the good standing of your firm.
Q. What is Average Charge Ticket?
A. Average ticket size is referring to the average dollar amount of each credit card transaction.
Q. What is Average Monthly Volume?
A. Average Monthly Volume is referring to the average dollar amount that your company will be using your merchant account to process. You should use the highest dollar amount that you plan on processing during your best month.
Q. What is Highest Charge Ticket?
A. Highest Charge Ticket is referring to the highest dollar amount you plan on processing in one credit card transaction.
Q. What is Conducted Face-to-Face?
A. Transactions conducted face to face infers that your customer hands you the credit card and then you swipe it using your terminal. Most normal retail merchants will should put 95 just in case your customers credit card can not be read by your terminal and that it needs to be "keyed-in". If you do not swipe a card at least 50% of the time then it is considered a MOTO account.
MOTO is short for Mail Order/Telephone Order. MOTO refers to anything "card not present" or "non face-to-face". MOTO also refers to Internet processing as well. Since cards are not actually being swiped in a credit card machine, the rates and fees associated are higher then what are charged for retail or "card present" transactions.