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Do you know what the average retention fees the merchant bank will want to hold?
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How are the chargebacks dealt with? Are we liable for the whole purchase amount even if we only get roughly 10% of the purchase price.
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Can I use PayPal, Stripe, or Square for my payment processing?
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EIN Registration
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Do you know what the average merchant processing fees are?
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Do we need to use two different vendors for our merchant accounts?
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Do I really need an EIN if living in Canada? Where and when do I need that or does a Canadian Social Insurance Number work instead?
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I already have an LLC company and EIN. I am self-employed. Can I use this company to get my merchant accounts, or would it create a conflict with this program?
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I have a registered LLC from 2013 that hasn't had any activity. Can I use it for the merchant accounts or should I start a new one?
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Can we use the basic Shopify account with this system?
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What website do I need to supply to the merchant account companies when I apply?
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Should we get a product-related DBA set up before getting merchant accounts?