The most common payment method our clients leverage is Credit Card. When handling Credit Card payments, there are two pieces that need to be considered:
- Merchant Account: This is the bank that provides the actual Merchant Account and related Merchant Identification Numbers (MIDs) that are used within a Credit Card Gateway. In most cases, Merchant Accounts can be leveraged through multiple different Credit Card Gateways.
- Credit Card Gateway: This is the integration that Freedom has to a provider that enables the integration between Freedom and your Merchant Account.
It is extremely important to partner with the right Merchant Account provider as accepting payments is one of the most important aspects of your business. If you have an existing Merchant Account, it can likely be leveraged through one of our existing Credit Card Gateway integrations.
Preferred by Clients & ByDesign
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- Flexible & Fully Integrated into ByDesign
- Superior Processing Experience
- PCI Compliant
Schedule a meeting
Scott Fitzpatrick (Scott.Fitzpatrick@nuvei.com)
AVP, Direct Selling & Integrated Payments
T (866) 296-0443 M | (514) 949-4383
Nadine Baki (nadine.baki@nuvei.com)
Mya Saini (Mya.Saini@nuvei.com)
Basic requirements to get things started:
- Processing statements – 3 months most recent and consecutive.
- Bank statements – 3 months most recent and consecutive business bank statements.
- Business financials – 2 years. Include Profit & Loss, Balance Sheet and Cash Flow Statement.
- Business plan
- Compensation Plan