Our business gets your company directly connected to your own Internet Merchant Account, which is lodged directly to a Local and Asian Acquirer and we provide you payment processing depending on what type of business you are engaged with. We accept the following types of Merchant:
Type of Business | Merchant Account Category |
---|---|
Low Risk |
Retails Shops Online Apparel Office Supplies Health and Beauty Books Pet Supplies Home Goods |
Mail Order / Telephone Order | Inbound Telemarketing |
Specialty Business |
Financial Transaction Services Prepaid Services for International telephone cards Multi-Level Marketing Member Based Subscription Services Other |
At the initial stage, our Marketing department will assess what type of merchant account you are applying for and what possible payment solution would be best suited for your business. At this stage, we also pre-qualify your company with some requirements that you need to submit in order to pass our due diligence.
Once we safely assess your business, we would give you our formal quotation to what list of services that you need to avail with us, in order for your company to accept credit card transactions. We would also disclose to your company the quoted "discount rate" for your business.
Once you accept and agreed on the level of service and price (a Formal Acceptance Letter will be faxed to our office), we will send you a Complete Compliance Business Package that we need in order to start the processing.
We will submit your application with our partnered provider and acquirer and approval of the account normally takes 1-2 weeks of processing.
Once the Merchant Account is approved, RISINGSUN will begin technical integration of your business to our payment system and with our acquiring partner.
The Merchant Account Contract with our Acquirer and RISINGSUN Merchant Processing Agreement will be submitted to you for your signing.
After the process, you can now process credit card transactions!