Merchant Sales Program
The object of your business is to make money. That means getting more customers. And one of the best ways to do that is to make it easier for them to pay you.
The next time someone asks, "Do you take credit?" you can say "yes" with the FNB Merchant Sales Program.
For your convenience, we offer two ways to process credit cards.
Click the tabs to read more about the services we offer.
- Summary
- Provide more payment options for your customers
- Process Visa®, MasterCard®, American Express®*, and Discover®
- Available for qualified merchants
- No minimum fee
- Discount rates vary
*American Express requires a one-time setup fee of $15
- Electronic (ETC)
ETC offers a more productive and profitable way of processing your daily Visa/MasterCard deposits. It eliminates the need for preparing and depositing your sales using an authorization terminal hooked into your telephone line.
The terminal authorizes and verifies each transaction eliminating the need to check warning bulletins or get voice authorizations. Common math errors are eliminated and your account is credited sooner than paper deposits. Sales and credit tickets still need to be produced but you retain them instead of the bank.
Because of the minimal handling by the bank, we are in most cases able to lower your discount rate as much as 40%. That means more money in your pocket each month!
If you are interested in this program, please let us know and we can make arrangements for the purchase of the needed equipment. There is a $35 fee to reprogram a merchant currently using another processor.
- Touchtone Processing
Touchtone processing is also an alternative. There is no equipment to purchase and the deposit is made into your account electronically each evening automatically.
The monthly maintenance fee is $7.50 plus a discount rate that will be applied to the total monthly sales. These are debited from the commercial checking account on a monthly basis.
Correction fees are $3 for returns/corrections and $25 for charge-backs.
