Credit Card Processing FAQ's - GenesisMerchantServices.com

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Merchant
Cash Advances

$2,500 up to
$250,000

Credit Card
Processing

It’s Time To
Connect With Your Customers

Do You Have Credit Card Processing Questions

Here Are Some Answers....

When will I see the funds from my credit card transactions?

The time frame is somewhere between 48 to 72 hours.

What is a merchant account?

A merchant account gives your business the best of both worlds. You can be qualified for a business cash advance and process payments through our outstanding gateway.

What is a bank rate?

Also known as "Discount Rate." This is a percentage of each transaction that the bank charges as per Master Card and Visa Rate requirements. All banks are obligated to have at least 3 rate structures: Imprinted or phone authorized rates (the highest rate e.g… 2.62%), Face to face retail (typically the lowest rate e.g.. 1.49%). And a rate for Phone, Mail and Internet rates (slightly higher e.g… 2.24%). It is extremely important to properly classify the way you will accept credit cards so that you can attain the best rate structure.

How long does it take to get approved for a merchant account?

Our representatives are on standby and will call you back within an hour of receipt of your application. Most merchants are officially on their way within 24 hours.

What does my business need to do to accept credit cards?

Fill out our online form and your business is on its way. We approve 98% of merchant account applications that are received.

I keep hearing about charge backs, what is a charge back?

A Charge Back typically happens when a card holder questions a credit card transaction with the credit card issuer. The issuing credit card company initiates a charge back against the merchant account. The sum of the disputed transaction is instantly withdrawn from the merchant\'s bank account. The merchant has 10 days in which to challenge the charge back with proof of delivery, proof of purchase, or signature, etc. A charge back fee is more often than not assessed to the merchant on top of the actual transaction.

Will I receive reports of my transactions?

With a merchant account with Genesis Capital Enterprises you get access to real-time reporting as well as access to custom reporting.

Complete the form on the right and we\'ll call you with the information

	Accept Credit Cards and Process
	Have been in business for at least one year

YOU'RE APPROVED

Apply Today For A

BUSINESS CASH ADVANCE

- Or To Start -

CREDIT CARD PROCESSING

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With All The Information

Business Name

Owners Name

Business Type

Phone Number

Email Address

Do You Accept Credit Cards?
Yes No
Total Monthly Visa/MC Sales?

Amount of Capital You Seek? (For a business cash advance)

Years In Operation

Comments

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PRIVACY NOTICE

WE PROTECT YOUR PERSONAL INFORMATION
Your privacy is important to us. This Privacy Notice describes the information we collect and how we use that information. Our Privacy Notice is applicable if you have ever submitted personal information to us. This Privacy Notice is effective as of September 1, 2010.

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Information about your transactions with us, our vendors or others, such as payment history and loan balances; 
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You may express a preference for receiving telephone and e-mail contacts from us.  Specifically, we may send you e-mails or call you regarding our service from time to time. If you do not wish to receive these e-mails or phone calls, you may contact Customer Service to change your contact preferences.  If you elect to opt out of receiving contacts by telephone or e-mail, you will not receive updates on new product information or special offers. Notwithstanding the above, we may send periodic e-mails informing you of technical service issues related to a service you requested.  You will not be able to choose to unsubscribe from these mailings as they are considered an essential part of the service you have requested.
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CHANGES TO THIS PRIVACY NOTICE 
Because circumstances and technologies change, we reserve the right to change this Privacy Notice at any time by notifying you of the existence and location of the new or revised Privacy Notice or by posting the changes online at our Web site.

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If you have any questions about this Privacy Notice or the practices of this Web site, please contact us via email.

Apply For Your Merchant Cash Advance From $2,500 up to $250,000
or

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NOTE: Must Accept Visa/MasterCard For At Least One Year To Qualify For A Business Cash Advance or Merchant Cash Advance.

Genesis Capital Enterprises • Business Cash Advance • Credit Card Processing • Corporate Headquarters
4500 Biscayne Blvd Suite 310 • Miami FL 33137 • Tel 877-384-8031

Genesis Capital Enterprises is a registered Independent Sales Organization/Merchant Service Provider for HSBC Bank USA, National Association, Buffalo, NY. Next Wave is a merchant service provider (MSP) an Elavon Global Partner & Registered MSP/ISO of Elavon, Inc Atlanta, GA.