My Local Agency Support

Overall FAQ 5

• Do you know what the average retention fees the merchant bank will want to hold?
• How are the chargebacks dealt with? Are we liable for the whole purchase amount even if we only get roughly 10% of the purchase price.
• Can I use PayPal, Stripe, or Square for my payment processing?
• Why do I need a business bank account in addition to the merchant accounts?
• What are the core steps needed to get this started?

Merchant Accounts FAQ 11

• EIN Registration
• Do you know what the average merchant processing fees are?
• Do we need to use two different vendors for our merchant accounts?
• What website do I need to supply to the merchant account companies when I apply?
• The merchant account representatives are asking for a COA. What is that and how do I get that?

View all 11

EIN and Business Setup FAQ 5

• Do I really need an EIN if living in Canada? Where and when do I need that or does a Canadian Social Insurance Number work instead?
• I already have an LLC company and EIN. I am self-employed. Can I use this company to get my merchant accounts, or would it create a conflict with this program?
• I have a registered LLC from 2013 that hasn't had any activity. Can I use it for the merchant accounts or should I start a new one?
• What do Canadians need to do to get set up?
• Can I use a WY registered agent to set up LLCs, or do I need to have an LLC in my state?

Shopify and Websites FAQ 4

• Can we use the basic Shopify account with this system?
• What website do I need to supply to the merchant account companies when I apply?
• Should we get a product-related DBA set up before getting merchant accounts?
• Should we get a product-related domain name now?

Product Compliance and Fulfillment FAQ 2

• The merchant account representatives are asking for a COA. What is that and how do I get that?
• The merchant account representatives are asking for a 3rd party fulfillment agreement. How do I get that?

Leads and Marketing FAQ 2

• Do we need to get an email marketing platform setup for follow-up?
• What happens to the visits that fill out the info form on page 1 of the funnel but don’t purchase?

Program Details and Responsibilities FAQ 4

• From what I saw in the training, we need to keep chargebacks under 3%. Are we on our own to take care of these?
• What are the deeper technical areas of this system?
• If I have concerns, can you outline greater benefits of the program?
• Can you give a greater detailed outline of our responsibilities?