Frequently Asked Questions
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Commonly Asked Questions
Got questions about payment processing? Or how long until you get paid? Or why you should consider 247Payments.com as your payment processor?
No matter what your industry, the following FAQs and answers provide the insights and tips you need to give your small business that extra edge.
We have same day approvals for retail merchants. High Risk merchants usually take 2 to 3 business days once documents are received
Copy of driver’s license or passport
Voided check or bank letter
3-6 months bank statements*
3-6 months processing statements (currently accepting cards) *
Articles of INC. *
Additional info could be requested based upon monthly volume requested
*Required for high risk merchants
If you have been terminated because of the type of industry you are in, then yes. Other reasons of termination will have to be discussed directly with a 247 payments.com representative.
24-48 hours from time of batch
Yes! 247payments.com can get you started processing credit cards even if you are a new setup
Yes! Whether it is from our gateway or our processing portal, 24payments.com keeps you informed 24/7 with what’s going on with your high-risk merchant account
That is ok if your business is incorporated in the USA with a United States bank account.
There are many industries within industries. We are open to the entire online space. Please send inquiry to info@247payments.com
Absolutely not. 247payments.com is the only high-risk payment provider to offer the guarantee of a secure MID.
As everyone knows not all businesses are the same. What works for one business, doesn’t always work for the other. 247payments.com will take many things into consideration when analyzing a business and ultimately, we will come up with a competitive rate that make your business process more efficiently.
Click on the Get Started button at the top of the page.
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