Merchant Account Center

Understanding your Merchant Account Statement

Swipers.com wants to make it simple and easy for you to understand your your credit card merchant statement.

New merchants need to understand their statement and fees. Please take a little time to understand what you are paying thru your credit card merchant account and statement.

As with any credit card processing company, merchant accounts typically becomes active within one business day of the account approval date. Once your merchant account is live, you are able to process credit card transactions and are also responsible for any fees assessed starting on that date. Therefore, any monthly fees will be charged, in full, for every month the account is open, regardless of your processing volume.

You can begin accepting credit cards the day your account is activated. Your first statement will be sent to you generally the first week of the following month. Become aware of the different aspects of your account statement, fees and terms.

 

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