Frequently Asked Questions (FAQs)
888QuikRate supports all major credit cards, including Visa, MasterCard, American Express, Diner’s Club, Discover, JCB and POS/ATM debit cards. We also support private label cards, including gift cards and loyalty programs.
Monthly fees are automatically debited from your business checking account the first week of each month for the previous month’s fees. You’ll understand those fees before you start processing.
Because each of our customers has unique needs, our processing services are customized according to the specifics of their business. Pricing is based on factors such as type of industry, method in which payments are accepted, card types accepted and a number of other variables. For more information, click here.
Generally, within hours. However, the time it takes to establish a merchant account depends on several factors including: completeness of the application submitted, accuracy of the information provided and any required additional paperwork. After your application has been approved, we’ll immediately establish the actual account and arrange for any required training.
Many factors determine the kind of hardware you will need, including: type of merchant account you want to establish (e.g., ecommerce, retail or direct market), the type of industry you’re in, how many transactions you have a day, type of transactions you’ll be processing, how many locations your business has, etc. Once we have all of this information, we will be better able to advise you on the type of equipment you’ll need to be able to process credit cards. To get started, simply fill out the online form and we’ll help you evaluate your options.
I already have a credit card terminal; can I just reprogram it to work with Merchant Services?
In many cases, you may be able to use the equipment you already own. To find out, simply fill out the online form and we’ll work together toward a solution.
What are debit cards?
Debit cards at the point of sale are an alternative payment method. When goods or services are purchased with an ATM Debit Card, the funds are removed from the customer’s checking account. In addition to the standard ATM cards, many banks also issue the Visa Check Card and/or MasterCard’s Master Money Card – both of which can be used in either an online or offline debit arena.
What is the difference between online debit and offline debit?
The difference between these two debit choices is whether a PIN (personal identification number) is used at the point of sale. When a PIN is used the transaction becomes “online” and funds are immediately withdrawn from the cardholder’s available funds. When an offline debit transaction occurs, funds are not withdrawn until the transaction processes – usually 2-4 days after the sale. Debit card transactions are the fastest growing point-of-sale payment method today. The acceptance of this payment method continues to remain popular because customers and merchants both appreciate the convenience and ease of using debit cards to purchase merchandise and services.