MERCHANT STRONGHOLD
MERCHANT ACCOUNT REQUIREMENTS IN USA
In this rapidly transforming world, where businesses are regularly changing their process of dealing with customers. With the development in processes, the businesses now have started accepting the payments through credit cards. Although, of all the business process up-gradation with the help of technology, that ease the maintenance of business, accepting card payments is one of the step that makes easier for customers to pay directly through their account.
All the merchants who are based in U.S. they need to provide the general requirements that are listed below that will help merchant to prove that she/he is a legal resident of United States: Registered business name in U.S.: The merchant account applicant must be legally incorporated in the U.S. or at least merchant registered its business with the local governance that could give them “Doing Business As� name (DBA). S. bank account: The merchant should have a running U.S bank account, in which the merchant will get the funds of their transfers deposited. Physical address of merchant: A merchant must have a physical presence that is an address of living or doing business that can be verified.
The above document will help a merchant to show their legal presence in United States, if a merchant have the above necessary proofs, they can apply in the bank for a merchant account that can help them to collect payment through credit cards.
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