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Find an acquirer and start accepting payments

To become a Mastercard merchant, simply contact an acquirer for a merchant account application

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Have this business information handy:

  • Your business type (Sole Proprietor, LLC/LLP, C-corporation, S-corporation, government, not for profit/tax-exempt)
  • Your industry
  • Business address
  • Employer Identification Number (EIN) or tax ID
  • Date the business was started
  • State where it was incorporated
  • Products/services sold
  • Annual transaction volume in dollars and the percentage that comes from eCommerce

You'll also need to provide the following personal information:

  • Address
  • Phone number
  • Date of birth
  • Social security number
  • Where you want your payments to be deposited: your bank name, routing number and checking account number

What to ask your acquirer

 It's always helpful to choose an acquirer that understands the needs of your specific industry.‎

 

For example, does the acquirer support technology that makes transactions faster and more convenient at the point of sale?‎

What are the acquirer’s policies and practices regarding fraud avoidance? Acquirers should have a clear and multi-faceted approach that involves technology.‎

Chargebacks usually happen when there is a customer dispute or an error or the financial liability typically falls on the merchant.‎

Helping you manage and track T&E

Streamline the process so you can get more done.

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