CG Consulting, Inc. | Merchant Account

Merchant Account

Total Price: $1,777.00


CGCI provides advanced credit card processing solutions for web-based and retail merchants.

Merchant Account

CGCI provides advanced credit card processing solutions for web-based and retail merchants. If you want to start accepting credit cards, you will generally need to apply for a merchant services account. CGCI offers credit card processing for Retail, Online, Phone Order, Mobile, Managed Risk, International and much more! Consumers expect to be able to pay for anything with plastic. Consumers are so use to the convenience of credit and debit cards that it's no longer an option for a merchant to take plastic . . . it's now a necessity.

Here’s the list of items you will generally need in order to open a merchant account:

Corporations and LLCs:

• A legal entity – You will need to have a legal entity set up for your business. This can be an LLC, C-Corp and so on. It must be in good standing with the Secretary of State;
• EIN number – An EIN number stands for Employer Identification Number and is what the IRS uses to identify your company with;
• Business checking account – This will allow the merchant service company to deposit transactions directly into your business checking account.

Sole Proprietors:

There is a high level of risk merchant providers and their partner banks take on when approving a new merchant.  Charge backs occur when customers dispute activity on their credit or debit cards and request their credit card provider issue a refund to them.  These refunds are debited against the merchant services provider and their partner banks, creating a lot of potential liability for the business owner. Forming a corporation eliminates the personal liability.

Sole proprietors do not need the three items listed above for Corporations and LLC’s and can open a merchant account under

• Owners personal name;
• Owners Social Security Number;
• Owners checking account to receive deposits.

We offer our clients fast, reliable and easy-to-use credit card processing services.  CGCI has a transparent “no hidden fees” approach. Take our free, no-hassle evaluation of your existing services and see if you have the best possible services at the lowest possible cost.

Give us a call and we’ll be happy to discuss your options and find you the perfect solution.

*Prices may be changed at any time without further notice. We reserve the right to change our services, products and prices at any time without further notice. However, if you have ordered but not yet paid for a product or service, we guarantee the price for five (5) business days from when the order was placed. Although CGCI Independent Distributors may answer hypothetical questions during a presentation, such responses are for illustrative purposes only because CGCI lacks detailed, verifiable, factual information until the prospective client provides documentation of corporate structure, business goals, and corporate and personal financial strength--which may include financials, projections, tax returns, Dun & Bradstreet D-U-N-S Report, Experian SmartBusinessReport, PayNet and Fair Isaac Small Business Scoring Service. Therefore, answers to hypotheticals are limited to the information available at that time and cannot be relied upon until the prospective client: a) completes the corporate client checklist and corporate data form, b) is interviewed by CGCI corporate office, c) reviews and executes the Agreement, d) pays the agreed upon fee, and e) CGCI accepts and approves clients Agreement.