Meramak offers a cost effective way of honoring all major credit cards by ensuring merchants of quick authorizations and financial settlement without the necessity of making a daily bank deposit. Meramak provides these services through one of the largest financial transaction processing networks in the United States, MasterCard Automated Point of Sale Program (MAPP). When merchants join with Meramak, they join over 2,000 commercial institutions as well as a million retail locations utilizing this shared network.
Through this shared network we can offer several programs that provide a wide range of flexibility for all types of businesses. Whether you have a retail outlet, mail order company or a start up home based business, Meramak can offer cost effective solutions so you can accept credit cards from your customers. Here are some of the many benefits to choosing Meramak as your credit card service provider.
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If you currently accept credit cards Meramak can often offer savings up to 20% through one of our competitive pricing programs. For more information on reducing your current rates call or e-mail us at your convenience. |
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Guaranteed Lowest Prices!
With a competitive marketplace in today's cashless society coupled with customer demands for convenience it becomes increasing important to play your cards right by insuring you can accept all major credit cards. Following are a few of the many reasons you should start accepting credit cards.
Greater impulse buying from customers.
Greater affordability of your products.
Studies show that accepting credit cards increases sales.
Customers in today's market expect the convenience of paying by credit card.
Low discount rates make accepting credit cards an inexpensive payment solution.
Your funds are transferred directly into your business account daily.
Adds credibility to your business.
New Businesses Encouraged to Apply!
We understand that accepting credit cards is vital to your business. That’s why we established a program with a wide range of benefits that is both inexpensive and flexible to accommodate each individual business.
Because all businesses are unique the cost to establish service and the monthly fees that apply to each may vary. Listed below is a general outline of the cost involved to establish a credit card merchant account so you can start accepting credit cards from your customers. To better determine the cost or qualification of your business you can pre-apply for service at no charge.
Processing Fees
Meramak charges a processing fee to handle the required forms for establishing service and for any necessary site inspections. Processing fees range from $20.00 to $240.00 and are refundable should you not qualify.
Monthly Fees
Discount rates charged start at 1.49% for retailers and 2.2% for non-retailers. There is also a $0.20 transaction fee, $10.00 statement fee and a minimum fee of $5.00 to $20.00.
No service club fees No fees to Open and Close your batch. No hidden fees
Equipment/Software Cost
Meramak offers a variety of draft capture terminals and software to accommodate the needs of your business. Whether you process transactions from a store front, by phone or over the Internet Meramak has inexpensive solutions to accommodate your business and fit your budget.
How to Get Started
Meramak makes it easy to setup and qualify for service. Simply submit the pre-application form below and Meramak will do the rest. Your pre-application will be processed immediately and an account representative will contact you within 48 hours with a pre-approval and to answer any questions.
| 1. After I apply for a merchant account how long does the approval process take? |
| Approvals are granted within 4 to 8 business
days after receiving your application. However you can pre-apply and receive a
pre-approval within 48 hours.
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| 2. What type of businesses does Meramak Bankcard accept? |
| Meramak accepts all types of businesses.
Retail, Mail Order, Internet and Home Based businesses.)
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| 3. Is there a monthly minimum fee? |
| There is usually a low monthly minimum fee of
$5.
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| 4. How soon do I have access to funds once I process a credit card? |
| All funds are available via automated
electronic funds transfer within 48 to 72 hours.
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| 5. Will I have to switch my bank account? |
| Meramak will have your funds transferred
electronically to your current business checking account.
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| 6. How do I keep track of all the transactions with everything carried out electronically? |
| Each month you are sent a detailed itemized
statement listings all transactions processed.
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| 7. What credit cards will I be able to accept? |
| You will be able to process Visa/MasterCard,
Discover, AMEX and Diners Club. However each card company has different criteria.
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| 8. Do you have a customer support line? |
| There is a help desk with a toll free number
available 24 hours a day, 7 days a week.
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If you have additional questions you
can reach us at your convenience by phone or e-mail.
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