A “Domestic Merchant Account” is one, where a bank in the United States is providing the settlement services for your transactions. With a domestic merchant account, funding times are faster, and pricing is typically lower than that of an offshore account. Funding times for a domestic merchant account are within 24-72 hours, whereas, an Offshore Merchant Account typically funds weekly, one week in arrears.
The rates and fees for a domestic high risk merchant account are generally less expensive than an offshore account. However, there are select business types that will benefit from lower rates by going offshore. Maverick’s domestic network includes numerous banks within the US offering credit card processing services along with alternative processing solutions for all business types!
Key benefits of getting a domestic high risk merchant account from Maverick BankCard, Inc:
Almost all US based businesses and certain offshore businesses will qualify for a domestic merchant account. There are several domestic banks in the Maverick network, and each one caters to certain industries. Contact our team to evaluate your needs so we can package an efficient and effective solution for your business to allow you to process credit and debit cards.
Business Types that can get a Domestic Merchant Account from Maverick:
Contact Maverick BankCard today for secure high risk debit & debit card processing! Maverick also offers alternative processing solutions such as ACH processing, Checks by Phone/Internet, and MORE!