ISO Partnerships Merchant Services For Merchant Stronghold

Merchant Stronghold has its Headquartered in Clearwater, Florida. It provides credit card processing services for businesses of all sizes. Voted the #1 High Risk Merchant Services Provider in 2015, and 2016. Merchant Stronghold specializes in high risk and offshore merchant accounts.

ISO Partnerships: The types of programs offered ensures that you find a program to fit your needs and objectives. You’ll find we’re an excellent choice—for one simple reason. You don’t have to fit your business into our system—we fit into yours. We offer our ISOs the flexibility to build and grow their businesses. Participate in a proven, multi-pronged operation with unlimited profit potential. We provide marketing tools, resources, and support to sell Merchant Stronghold products and services within your market.

ISO Partnerships Features- 

• Choose from a variety of competitive revenue sharing programs for the right compensation model, including risk, no-risk, and full-service processing
• Address the needs of nearly every industry, thanks to our comprehensive array of merchant transaction processing solutions
• Robust online reporting tools designed to give you control of your business
• Benefit from Merchant Stronghold reputation in world-class payment capabilities

Potential ISO Partnership Program Benefits

• Potentially generate more revenue with a generous multi-option compensation structure, including bonus incentives and discretionary residual and retirement buyout arrangements
• Increase your customer satisfaction with our Customer Merchant Service Department that supports merchants 24 hours a day, 365 days a year
• Expand your ability to serve nearly every industry and process transactions for small- to medium-size merchants
• Offer a greater breadth of products and services

How long will it take for the account to be approved?

Debit only accounts will be approved within 48 hours. Visa/MasterCard accounts will receive a response the same day if submitted by 12:00pm PST. This assumes that the merchant application is completed and no additional information is required.

What are considered prospective merchants?

Merchant Stronghold will review any merchant applications that apply. We mainly accept almost all High Risk and eCommerce Businesses. There are certain industries that we will not approve which are listed in our underwriting criteria, but we will work with some of our strategic partners to provide an alternative solution that will accept these merchant accounts.

Can you process offshore merchants?

Yes, Merchant Stronghold has established several relationships with offshore High Risk Merchant Account  entities. These applications have different requirements. To obtain additional information, contact our Sales Support team.

What is needed to approve a merchant account?

Review the underwriting criteria document. We have segmented different merchant types based on certain criteria. Each segment requires a different set of information which is outlined in our underwriting section. Some of the basic things are :

• Business Bank Statements

• Articles of Incorp of the business

• EIN IRS document

• Void Check or Bank letter

• Personal Bank Statements

• Business Tax returns, if any

• Personal tax returns, if any

• Processing Statements, if any

Will Merchant Stronghold approve an application if additional information is submitted?

Merchant Stronghold will attempt to approve an application if all additional is submitted. Merchant Stronghold understands the frustration in informing the merchant that additional information is required, but it is important to properly underwrite the merchant. Merchant Stronghold strives to provide the agent with all of the additional requirements the first time to expedite the approval process and limit the time necessary to approve the merchant.

Merchant is changing ownership, what steps are needed?

Have the new owner sign a new application plus obtain a voided check. Have the old owner write a letter of cancellation, and have them note that the new owner will be processing with NMC to avoid any early cancellation fees.