SAVE & RESUME
Quick Start Guide - Read First

This Merchant Account Application is intended to be completed in its entirety to ensure timely processing and setup of your Electronic Payment Processing Services account. It is our goal to make this application process as simple as possible while, at the same time, ensuring we have the information necessary to meet industry requirements. We hope you'll find this application easy-to-use and the requirements reasonable.

This application is divided into four parts along with a supplemental instructions page:

PART 1: MERCHANT ACCOUNT APPLICATION - This is the main portion of the application and includes an important signature block. This portion of the application will be used to procure a due diligence report and may be forwarded on to Merchant Provider Solution's bank partners for their similar purpose. Sign and date this page and include it with submission.

PART 2: PRIOR PAYMENT PROCESSOR HISTORY - This section is a worksheet where you will list your previous and/or current payment processor relationships including some key statistics we need to make an accurate risk assessment. Please be advised that we may contact your prior processors if we need additional information. Please note that you may request that we do not contact your current processor if you believe it would negatively impact your relationship with them. A check-box on the worksheet is provided for that purpose. Initial this page and include it with submission.

PART 3: ACCOUNT SETUP INFORMATION - This portion provides us with the details needed to quickly setup your account. Please complete this section entirely to ensure a timely setup. Initial this page and include it with submission. ADDITIONAL HELPFUL INSTRUCTIONS - Included at the end of this document are some instructions and other information offered for clarity and to help answer your questions as you complete this document. This page does not need to be submitted with this package.

PART 4: DOCUMENTATION - This section lists the documents you will need to submit with the application.

ADDITIONAL INSTRUCTIONS

HOW TO SUBMIT THIS APPLICATION - Simply fill out all required fields and submit form.

Note: Fax images of photo IDs are usually illegible. A scanned image is preferred.

Hold ctrl when selecting multiple files for uploading in each section.

IMPORTANT - This application must be complete and include all additional documents before we can process it.


IMPORTANT

When saving a form to resume later, please remember any documents that was attached will not be recalled. These documents will need to be re-attached.

PART 1 - Merchant Account Application

Your Company






Your Banking Relationship

This is where we will settle your funds to



Marketing and Sales Information

How you sell your product or service





For reasons of compliance or requests by Banks or other agencies, may request copies of or access to consumer authorization documents or recordings from the merchant or merchant's call center.


Signature

Authorization and Release

I hereby authorize Paymitco LLC, or its agent to procure a Due Diligence Report which I understand may include information regarding Merchant's credit worthiness, general reputation, business characteristics, or other risk factors. This report may be compiled with information from credit bureaus and any other source to verify information that I have voluntarily supplied in this Merchant Account Application.

PART 2 - Payment Processing History

Your Current or Most Recent Payment Processor


Processing Statistics

for your current or most recent payment processing activity

Please provide statistics averaged for the last full three (3) months








Your Previous Payment Processor

immediately prior to the current or most recent payment processor


Processing Statistics

for your current or most recent payment processing activity

Please provide statistics averaged for the last full three (3) months







IMPORTANT: If you have checked the box next to "Active Contract - Do not contact this processor", we will gladly honor your request for confidentiality. However, our inability to independently verify this information may affect certain risk management aspects of your account such as reserve levels.


PART 3 - Account Setup Information

Section A - Additional Contacts

Operational Contacts: Those with whom will have regular contact


Customer Service Contact


Logistical Contacts: Your third-party call center, Internet payment gateway or fulfillment center vendors


Section B - Bank Statement Configuration

Please provide a 12-character description of your product or company. This will appear on your customer's bank statement and should be something your customer will easily recognize. For example: ACME TOYS or WEBHOSTING.



Section C - Please complete the following brief questionnaire

Are any of your consumer payments considered "MOTO" (mail order or telephone order)? Note: Even if you market your products on your website, if your customers call or mail their order to you, please check this yes to this item.

Do you have a method in place to verify the identity of your customers to ensure they really are who they say they are? If not, or if you're unsure, we can help!

Do your customers create an account at your website where they login for subsequent purchases?

Do you offer your customers a multi-payment, automatically recurring, or similar subscription option?

Would you like us to automatically resubmit payments one more time if returned for insufficient funds?




PART 4 - Required Documents

This Merchant Account Application requires a set of documentation to be submitted with it. It is required by various laws and agreements with its financial institutions to obtain and verify this information as a condition for providing its services. Please use the check boxes at the left to indicate which documents are included. Descriptions and alternatives are described in the right-hand panels.

Max file size: 20 Mb

Required Documents - All documents in this section are required before the application will be processed.


BUSINESS DOCUMENTATION - For All Applicants

The following documents:

  • Articles of Incorporation
  • Business License
  • Copy of Office Lease / Utility Bill
  • Contract of Agreement with Fulfiller if applicable
  • Business Summary
  • Taxpayer ID (EIN)
  • Proof of Domain

The following documents:

  • Current Financial Statement
  • Current Company Tax Return
  • Current Personal Tax Return (if sole proprietor)
  • 6-month Bank Statements
  • 6-month Processing Statements

One of the following documents:

  • Copy of valid Drivers License
  • Copy of valid Passport
  • Copy of valid Government-issued Photo ID

CONSUMER AUTHORIZATION (a) - For Applicants Accepting Telephone Orders (if applicable)

*If you do not have the listed authorization, please provide examples of current authorization techniques.



CONSUMER AUTHORIZATION (b) - For Applicants Accepting Internet Orders (if applicable)



MARKETING AND SALES MATERIALS - For All Applicants

These are the documents commonly made available to consumers giving us insight into your customer's experience.

The law requires us to understand your business practices as thoroughly as is reasonably possible.



Important Note: All of these documents must be complete, legible and accurate. Incomplete or illegible documentation may delay processing your account. For example, a fax image of a driver's license is almost always illegible.

Here's a suggestion: An inexpensive scanner is an ideal way to manage all your important documents. Scanning your documents is quick and simple, producing high-quality reproductions that are easy to store and send anyone who needs them.

ADDITIONAL INSTRUCTIONS

Throughout the document, you may have noticed references to this section, or perhaps you've encountered an item you need a little more explanation on. Here you'll find some information to help you better understand the requirements of each section.

OVERVIEW

The intent of this Merchant Account Application document is to make it simple and as clear as possible to complete, to get you up and running quickly. It is important to complete the application to the best of your ability and to include all the supplemental documentation required in Part 1. Also, please do not forget to sign in the space provided.

PART 1: APPLICATION CHECKLIST

Submitting the forms - While we need signed copies, we will accept a facsimile or scanned copy to initially setup your account. There is also a list of additional documents that we request for you to include.

As the world of electronic commerce expands, so do the rules and practices commonly known as "know your customer" and its bank partners are required to verify several characteristics of each merchant, including but not limited to, the identities of its principals, the legal status of the business itself, and the quality of the marketing, sales, and consumer authorization efforts. It is essential to include these documents, in a clear and readable format. Certain documents, such as driver's licenses, often photo copy badly, particularly if the photo copy will then be faxed. Please make sure the documents or copies are legible.

PART 2: GENERAL INFORMATION

This portion of the document is used to qualify you for a processing account. We have made every effort to simplify the application; however, it requires detailed information on the principals of your company including personal contact information. In response to the events of recent years, a much greater emphasis on "know your customer" is emerging in the banking industry and is intended as much to protect you and your interests as it is to meet the standards set forth by congress and the various regulatory agencies that govern the electronic payments industry.

PART 3: PAYMENT PROCESSING HISTORY

This portion of the document is critical to make the best possible risk analysis, which may affect reserves, pricing and contract terms. It is common practice to request information, going back 3 years, and to independently verify the information but we will honor your request for confidentiality. If you do not have any prior history, it does not disqualify your application.

PART 4: ACCOUNT SETUP INFORMATION

Section A - Additional Contacts - In the application, Part 2, you gave us the contact information of your company's principals, owners, or senior management. In this section, we ask for the contacts we will work directly with day by day. Operational Contacts - These may be your accounting or technical staff. Customer Service Contacts - For consumer issues, this is who we should communicate with on your end. Including a phone number and email address where we can refer your customers if they call us. Logistical Contacts - If you outsource to third-parties for order taking, such as a call center or Internet service provider or for product fulfillment, AND you need us to work directly with them, please list their contact information. If you outsource but we do not need to work with anyone except you, please check the box above the Logistical Contacts section.

Section B - Bank Statement Configuration - We print a description and customer service phone number on every consumer's bank statement. This will appear the same way for all your customers (We cannot print a separate order ID for each customer). Please choose your descriptor carefully. If you leave this field blank, we will assign one for you. Also, we will use either our customer service number or yours, depending on what makes the most sense.

Section C - Questionnaire - Please select yes or no to each question. This will help us better understand your business and how to apply various settings to your account.

ISO: DCR Strategies Inc

Phone:

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