Merchant Services

Providing solutions to your payment processing needs and much more.

What does Merchant Services offer?
Merchant Services offers you a wide variety of electronic payment acceptance methods. Please review the list of payment types below. Be sure to communicate which services you are interested in to your Sales Consultant.

• Credit and Debit Card Acceptance: Accept MasterCard ®, Visa ®, American Express ®, Discover ®, Diner’s Club ®, PIN-based debit cards and signature-based debit cards.
• Check Conversion into Automated Clearing House (ACH) Transactions: At the point of sale, convert paper checks into electronic transactions, verify checks and guarantee payment if a verified customer’s check bounces.
• ACH Processing: Allow customers to make recurring payments directly from their checking or savings accounts.
• E-commerce Services: Equip your website with a shopping cart as well as inventory, order management and consumer billing support capabilities.
• Electronic Gift and Loyalty Card Programs: Institute electronic gift and loyalty card programs.

1. Proof of Business: Business licenses, articles of incorporation or clear photos showing permanent signage and product stock are acceptable. Any other documentation submitted as proof will be reviewed on a case-by-case basis.
2. Depositing Account: A business check must be submitted for depositing account confirmation. Personal checks are only acceptable for sole proprietors and LLC’s. A letter from the credit union, on credit union letterhead, verifying that the business account is acceptable may be necessary.
3. Statements: If you currently accept electronic payment through another provider, providing Newtek with those statements will enable your Sales Consultant to provide you with a competitive quote.

• Must be signed by an officer, owner, or other person who has a financial stake in the business
• May be waived if the business is corporate owned and articles of incorporation are supplied
• May be waived if the business is non-profit and the proof of nonprofit status is supplied

• Newtek Merchant Solutions reserves the right to reject an application for derogatory credit
• Merchants with a credit bureau showing an open bankruptcy will be declined
• All bankruptcies must be discharged with no new unsatisfactory accounts and re-established credit since discharge
• Financial statements and/or tax returns may be requested