Merchant Account Provider

What is a Merchant Account Provider?

Credit and debit cards have become the preferred method of payment in today’s marketplace making a merchant account vital for the vast majority of businesses.  At a time when consumers are looking for the purchasing process to be as simple and streamlined as possible providing them with the option to pay by whatever means they deem convenient can be hugely beneficial.

Lancore are a merchant account provider that has extensive experience in setting up internet and business merchant accounts.  We have a large network of relationships with acquiring banks throughout the world which allows us to provide clients with extremely competitive rates.  This also allows Lancore to work with a wide variety of companies, not simply those that fit within the traditional industries.  This can include businesses that are often viewed as ‘high risk’ such as companies that deal in the sale of pharmaceutical products or websites that provide online dating services.

How Can I Use Lancore as a Merchant Account Provider for my Business?

The first step of using Lancore to set up a business merchant account is to fill in and submit an application form.  Some of the information required will include:

• The URL of the businesses website.
• Details of the company (including details of directors and shareholders).
• Bank details in order to conduct necessary credit checks.
• Technical specifications of the website (for example server details).
• Information on any prior payment processing.
• Details of the products or services being provided.
• Customer service information.
  

The application form is available to download from the ‘contact us’ page of our website and contains a complete list of all the information that we will require to process your application.  If you have any questions at all please get in contact.  The ‘contact us’ page provides a form to submit any comments or queries, alternatively feel free to send us an email or contact us via phone.
After Lancore receive the application it will be submitted to an acquiring bank for approval.  The bank will typically take between 3 and 5 days before deciding whether the application has been accepted or declined.