Pocket Verifier Professional
|Below you will find a list
Frequently Asked Questions
regarding the PC Verifier / Transaction Central. For more information on any of these topics, simply click on it.
You can also print these FAQs by clicking on the "print this
page" text located on the right.
PC Verifier and Transaction Central?
Verifier is our Merchant Terminal application. It uses
Transaction Central, a web-based Merchant Terminal Program that uses your Internet connection to
authorize and transfer funds. Transaction Central allows you to accept
electronic checks as well, saving trips to the bank, and long delays
waiting for the mail. All of your transactions are stored, giving
you unparalleled reporting and retrieval options. Because it is a
web-based application, it is inherently multi user, allowing you to
use as many of your internet connected computers as merchant
terminals as you want!
Central can also accept payments from your web site! We have a
document, entitled "Transaction Central Interface Guide"
that details how to accept transactions on your web site, and post
them to our transaction servers (programming knowledge of ASP or CGI
required). In this way, you can maintain the look and feel of
your site, while obtaining secure, fast credit card transactions for
your users! There are NO ADDITIONAL CHARGES to use this
feature of Transaction Central.
with a pre-approved, flat-rate merchant account, with a low, fixed price, and zero up-front costs, this package is
truly a complete solution for the businessperson who
wants to increase their business by accepting credit cards.
||Why would I want to accept credit
any business, credit cards give your customers time to pay, and
funds to pay with. They allow impulse purchasing, and credit
customers tend to purchase more premium items/brands, or larger
quantities. In all respects, the ability to accept credit cards
increases the ability of businesspeople to make sales and profits.
your Pre-Approved Merchant Account?
Verifier Professional owners are pre-approved for their Mobile
Merchant Account, provided they have a U.S. based checking account
(personal or business), Have no liens, judgments, or collections,
and are not in the Terminated Merchant File (TMF or MATCH).
||Will I be approved?
Accounts are approved with the qualifications
stated above. Your account will go active once we receive your
hardcopy application with signatures, voided check from the account we
will be depositing into, and evidence of business (business card,
permit, tax certificate, web address, or similar). High monthly
transaction amounts (with no upper limit), are approved commensurate
with the applicant's credit history.
about High Risk Businesses?
Visa requires that certain high risk
businesses (casino, travel, and others), register their businesses
with them. Visa will require an
annual $500 registration fee. This fee is directly between you
(as a merchant), and Visa. We will handle the paperwork for
you, with no additional fee, but we have no control over this
requirement. Some new businesses may be asked to have a small
percentage (3%-10%) of their deposits held for a short time (2 to 5
days) on a rotating basis to cover chargebacks (which carry a $35.00
fee), unforseen by a new
||Can I sign up without a business checking account?
Yes. The processor has agreed to allow MerchantAnywhere.com
members to process with a personal bank account and can change the bank account at any time by simply faxing a voided check to
MerchantAnywhere.com from the new bank account. There is a small
($15) charge to change your checking account once your account is set
||Can I sign up without a business name?
Yes. Your registered Legal business name, will
be your name as it appears on your social security card, but you can
have your merchant account set up as "Your Name
Enterprises" or "Your Name and
Associates". Whatever name you use as your DBA
Name, corporate or otherwise, make sure that your customers know
that your DBA name will appear on their credit card billing
just opened (or am going to open) a checking account. Can I use my
NO! However, when
you go to the bank to open your account (and many businesses open an
account just for their credit card processing), get a letter from the
bank manager, stating the account name, account number, and the bank's
transit (ABA or Bank Routing) number on the Bank's letterhead.
You can include that in your application instead of waiting for your
||What does the
$24.95 monthly fee include?
The $24.95 covers
everything except the 2.2% credit card charge and thirty cents ($0.30)
per transaction charge. When you sign up it will include access to Transaction Central. There are NO
equipment costs, NO application fees, NO set-up fees, NO down
payments, NO statement fees, NO monthly minimums, NO leases, NO
equipment costs, and NO time commitment (Other processors typically
charge a costly set up fee of about $300.00, a statement fee of $10.00
to $12.00, and a monthly access/gateway fee of about $30.00 dollars.
When you add up all the charges, it can be very costly).
this real, Why do others charge $200 to $500 to set up a Merchant
account providers pay a referral fee those those that refer them.
Many on the Internet, now pay as much as $250 for a referral!
Application and setup fees are used to pay these fees. Our software is being sold in thousands of stores nationwide. We
do not pay any referral fees, ever. With thousands of packages,
bringing qualified merchants to us, we were able to pre-negotiate this
ZERO ENTRY COST merchant account, with a FLAT RATE!
||I already have a merchant account, can I just use it
with PC Verifier?
In order toachieve all of the functionality
within PC Verifier, specialized programs and servers
have been implemented at our processor. Without the support of
these servers and programs, PC Verifier could not
offer all the features and functionality that it does. If you
are currently processing with another merchant account, have
significant processing volumes, and are getting a better rate than
2.2% keyed, please call our offices.
||What credit cards can I accept with this system?
Visa and MasterCard are automatically approved.
MerchantAnywhere.com will also apply for (at no additional cost),
American Express, and Discover merchant accounts, although everyone is
not automatically approved. Amex and Discover will set their own rates
with you directly, and we have no influence or control over these.
In addition, Discover has recently begun to charge it's new merchants
$25 upon acceptance. This is a direct charge from Discover, and
we have no control over this. Discover has also informed us that
they now require businesses to be at least two years old for
||Now that I have signed up, what happens?
We begin processing your application as soon
as you enter it online. Since we are dealing with FDIC Insured
banks, banking regulations apply, and some of the final steps cannot
occur without your physical application, with pen-and-ink signature.
Your account is generally completed and ready to use within two
business days of the receipt of your signatures.
||When do I receive my money?
In most cases, funds are
available in the checking account you specified within two to three
business days after your transactions are batched (reconciled). We
will automatically process your batch for you every business banking
day, so you can't forget!. This can save you time, and help you
get your funds faster.
Copyright © 2001 Advanced Merchant Solutions, Inc. All Rights Reserved.
All artwork, logos, Pocket Verifier, PC Verifier, and MerchantAnywhere.com
are trademarks of Advanced Merchant Solutions, Inc.