High Risk Credit Card Processing
Merchant Account - FAQ
Will I have to pay a large up front fee before I am approved
for my account?
Here at Liberty Enterprises Inc. we do not believe in paying large up front fees for merchant account applications.
What is your discount rate for direct accounts?
Our Direct account Discount rate ranges from 4-5% and requires 6 months of processing history to secure.
What is your discount rate for Third party accounts?
Third party Master Merchant accounts range from 7-11% however these accounts require no processing records and are therefore easier to secure.
We recommend this type account for new businesses without a proven processing history. Once you six month of processing under you belt you can be switched to a direct account with lower rates.
How much holdback do you take?
Hold backs (held for a 6 month duration) and will depend on your charge back history and the nature of you product line.
How long will is take to be up and running?
Time frame to establish: 3-4 weeks once your application has been submitted
How much will I pay per Transaction?
Transaction Fees are 20 cents per transaction
What is your charge back fee?
Chargeback fee: $25
How often will I be paid?
When you first start processing most accounts have a one week lag before
your
first pay-out and then pay outs every 1-3 days for direct accounts and
weekly for
third party accounts
Will I be able to accept all credit cards?
We all major cards accepted
Our Multi Currency account available?
Yes, Multi Currency accounts are available
Our Virtual Terminal available?
Virtual terminal are available for companies without an internet presence.
Will my web site be able to integrate with your gateway?
Yes, Payment gateways are in place to integrate your web site easily.
Contact us today and establish your offshore presence.
