Fast merchant account approval

> Make A Quick Enquiry
Libby James
Merchant Services Expert

Libby James is co-founder, director and an expert in all things merchant services. Libby is the go-to specialist for business with more complex requirements or businesses that are struggling to find a provider that will accept them. Libby is regularly cited in trade, national and international media.

How long does it take to get a merchant account?

Setting up a merchant account can take up to a few weeks, especially if you are a start-up or high risk business. However, securing quick merchant services is possible when dealing with advisors experienced in similar industry applications and business setups. We understand that you will want to start processing payments as quickly as possible, therefore we can facilitate, fast and easy merchant accounts as well as payment gateway options.

If you are astraightforward business,wanting to accept face-to-face payments, with good trading history, moving accounts can take as little as three working days. Equally, with accepting online payments and changing payment gateway providers, this can be done within 48 hours depending on the complexity of your business.

Please note if you are a high-risk or start-up company, turnaround times will be a little longer.

SPEAK TO AN EXPERT

Fast approval merchant services

Securing fast merchant services can be done providing you are prepared and, along with your advisor, your application is packaged to the merchant bank correctly first time around. Here weve put together a few handy tips that will ensure your account is agreed as quickly as possible:

  • Make sure you have a business bank account in place – agreeing to a fast merchant account is all very well and good, but you need the money to reach your business account. Often high risk and start-up industries struggle to secure business banking meaning there is a delay in their merchant account application.
  • Ensure you provide licensing relevant to the goods or products you are selling (if needed.) This is applicable to industries such as pharmacynutrition or gambling.
  • An experienced advisor will carry out a short risk assessment on your website prior to application to ensure fast merchant services applications are processed. In the case of start-up businesses please provide your log on details to development sites.
  • Been served notice by your current provider? Finding a quick merchant account may still be possible, providing you understand why the notice was served in the first place and potentially agree to changes with your new provider. I.E if you have been served notice due to a peek in chargebacks, why has this happened and how are you going to prevent it in future? Our advisors can help with this.

If you follow the above tips alongside an expert’s advice, there is no reason why you cant secure fast merchant accounts and payment gateways. However, getting it right first time is more important than speed. Take a look at our easy credit card processing guidefor further tips.

Fast merchant account approval payment gateways – instant credit card processing approval for e-commerce stores is offered by suppliers such as PayPal, with most applications being approved within 48 hours. However, as long-term solutions, these can be costly. Same-day approval merchant accounts are effective for short-term use and start-up companies, however as your business expands you may be paying over the odds.  As an alternative, businesses can be live within three working days and therefore reducing cost compared to instant approval credit card processing.

SIMPLE MERCHANT ACCOUNTS – OUR GUIDE

How long to get a merchant account?

Setting up a merchant account can take up to a few weeks, especially if you are a start-up or high risk business. However, securing quick merchant services is possible when dealing with advisors experienced in similar industry applications and business setups. We understand that you will want to start processing payments as quickly as possible, therefore we can facilitate, fast and easy merchant accounts as well as payment gateway options.

If you are astraightforward business,wanting to accept face-to-face payments, with good trading history, moving accounts can take as little as three working days. Equally, with accepting online payments and changing payment gateway providers, this can be done within 48 hours depending on the complexity of your business.

Please note if you are a high-risk or start-up company, turnaround times will be a little longer.

SPEAK TO AN EXPERT

Fast merchant account approval payment providers

Many of our clients want credit card processing with instant approval, however in our opinion, its better to take a little more time and get it right. The reason most businesses need processing quickly, is because they’ve been terminated or declined elsewhere.  Although this can be disheartening, spending a few days on finding the correct provider for your company now and in the future increases your chance of guaranteed merchant account approval and securing a long-term solution, rather than ending up back in the same situation months down the line.

Fast merchant account approval payment processors

At Merchant Advice Service we work with industry experts to increase the chances of securing credit card processing with guaranteed approval. We’ve helped thousands of businesses, so the likelihood is we’ve dealt with applications just like yours before…not to blow our own trumpet, our team know their stuff.  Working with our specialists means we can turn things around quickly for you.

SPEAK TO AN EXPERT

Fast merchant account approval online payment processing

Even if you operate a business that has a physical presence, there is still a need to ensure that you can accept payments online. By ignoring this, the reality is that you’re throwing away sales. We can assist to ensure that you’re set up and ready to operate in the online space. 

If you need to accept card payments face-to-face the turnaround time of getting the card machines delivered and installed is also an important consideration, we work with banks and providers who have readily available stock meaning that the lead time can be reduced dramatically. Alternatively, if you already have card terminals that you own then its important to ensure that theyre compatible with your new account provider.

Fast merchant account approval credit card processing

Being set up and ready to accept debit card payments is only half completing the task. There is also a need to ensure that you’re in a position where you can accept credit cards too. By offering this as a payment method you’re providing our customers with what they want and need and making paying as easy as possible. 

Fast merchant account approval high-risk merchant accounts

Bad credit or high risk merchant account instant approval is offered in the UK by few providers. In our experience, most of these accounts are terminated once the merchant begins to hit high volumes or start trading (if a start-up company.) To secure a guaranteed approval merchant account, its important that you deal with an account provider experienced in high risk transactions.  Often fast merchant account approval, in high risk companies is too good to be true. The reason for this is that banks want to dot the I’s and cross the T’s with high risk applications – which means they take a little longer. However, dealing with an expert and ensuring your application is packaged correctly will speed up the process. 

Fast merchant account approval – merchant account instant approval

You may well come across companies that will tell you that you can have your merchant account approved in an instant and that you’ll be up and running in the blink of an eye. The reality is that fast merchant account approval is likely to take at least 24 hours and, in some cases, it could take up to 48. We have experience in this area and would rather manage expectations of securing the right account – rather than rush things through.

SPEAK TO AN EXPERT TODAY

Fast merchant account approval business bank accounts

It’s one thing to have your merchant account approved, but there is also the need to have your business bank account in place so that you can access your business funds. Traditional high-street banks are not known for their speed when it comes to getting an account open. We can guide you towards challenger banks where you’ll find the process is much much quicker. 

SPEAK TO AN EXPERT TODAY
Need help choosing the right merchant account?
CONTACT US
Related Articles

Need help choosing the right merchant account?

Start your enquiry here

Contact Us
Libby James

Libby James Co-founded Merchant Advice Service alongside David Bird in 2016. Her finance background, coupled with retail and customer service experience, gave Libby the drive to bring transparency and non-biased advice to the world of merchant services. Having come from the heavily regulated mortgage and insurance industry, Libby found it puzzling that other financial sectors lacked regulation and transparency leaving customers confused and unable to make informed decisions when it came to accepting card payments. This was soon to become Libby’s obsession!

With the help of some of the industry’s best, Libby began to research acquiring banks, complex terminology/regulation, and the problems customers experience within merchant services and payment gateway markets. She spent years on sourcing solutions for complex clients, which previously others were unable to assist with. Libby established relationships with brokers and banks which would soon form the cornerstone of Merchant Advice Service. As a result Libby has been featured in high-profile publications across the web.

Libby is proud to be the entrepreneur’s champion, supporting start-up businesses regularly. Her industry insights can often be found on LinkedIn where she provides free of charge advice and money saving pointers. It’s safe to say she has her finger on the pulse of everything card payments related.

Libby speaks of her experience in founding and running Merchant Advice Service…

‘Merchant Advice Service is one of my greatest achievements to date. We help business owners to overcome card processing issues which can become detrimental to their business. We assist SME’s in finding suitable card payments solutions, helping them create their vision. Each and every day is different, exciting and fore filling. As technology advances I can’t wait to see the way in which the merchant services market advances, and I’m pleased that our business will play a part in educating company owners along the way.’

Read more
...
Read less
More From This Author

Make A Quick Enquiry

Speak to us directly and get any questions you have answered. Submit your details and we’ll be in touch shortly.

Alternatively you can contact us directly using:0800 304 78 75

Just so you know, we take your privacy seriously and will only use your personal information to contact you via phone, email or text with updates on the progress of your enquiry and provide information only on relevant products and services.