eCheck Application

To apply for the eCheck service, submit an application that contains information about your business. The Visa Acceptance Solutions Risk Team reviews your eCheck service application and accompanying documentation based on pre-determined underwriting criteria. Visa Acceptance Solutions may request additional information or documentation from you before making a decision about your application. In addition, a risk reserve (the withholding of a percentage of eCheck funds to cover potential costs incurred by high-risk transactions) may be required prior to activation of the service. After your application is reviewed, you will be notified via email of the underwriting decision. If your application is declined, the email will provide the reason(s) for the decline.

Submitting the eCheck Application

Follow these steps to submit the eCheck application:
  1. Log in to the
    Business Center
    :

    ADDITIONAL INFORMATION

  2. In the left navigation panel, click
    Available Products
    . The Available Products page displays.
  3. In the eCheck section, click
    Enable
    . The eCheck Application page displays.
  4. Enter the information in the fields. All information is required. For an explanation of the application fields, see Completing eCheck Application Fields.
  5. Read the eCheck Services Agreement. Check the box to agree.
  6. Click
    Submit
     to submit the application. You will receive an email confirming receipt. An underwriter will review the application and respond with any additional questions they have.

Completing eCheck Application Fields

The merchant application contains these sections, which you must fill out completely.

Primary Owner Identifying Details

Enter the identifying and contact information about the primary owner.
To prevent fraud and ensure regulatory compliance, the federal government requires us to collect the Social Security number of the business owner. Non-US persons who do not have a Social Security number may provide their passport number, an alien identification card number, or number and country of issuance of any other government-issued document evidencing nationality or residence and bearing a photograph or similar safeguard.

Primary Owner Address Information

Enter the address information about the primary owner. The owner must have an address in the same country as the business address.

Primary Owner Ownership Details

Enter the job title and ownership percentage of the primary owner.

Additional Owners

Per US Treasury customer due diligence requirements, all owners with 25 percent or greater ownership, or significant responsibility to control, manage, or direct the company must be declared.

Ownership Details

Enter the details of the business.
The Doing Business As name is the business’s assumed, trade, or fictitious name. This name might be the same as the legal business name.
The federal tax ID is the 9-digit tax identification issued to the business by the US government and used for tax reporting purposes. For sole proprietors, this number might be your Social Security number.

Business Address Information

Enter the address of the business. If it is the same as the primary owner’s address, click
Import from Owner Address
. The owner must have an address in the same country as the business address.

Industry Information

From the drop-down menu choose the merchant category code that fits your business.

Business Process Information

Enter information about your business’s process.
Time frame to product delivery
 is how long it takes for the customer to receive their product after paying for the order. If you are providing a product or service that is paid for at the time of or after delivery, enter 0.
Estimated Total Monthly Sales
 is the total dollar amount of eCheck sales that you expect to process each month through this account. Do not include payment volume from other methods, such as credit cards or wire transfers.
Average Order Amount
 is the average dollar amount of each individual order or sale. If you are a new business and are unsure of the amount, you may list the average price of your products and services for sale.
Largest Expected Order Amount
 is the dollar amount of the largest order you expect to have. If you have a new business and are unsure, you may list the dollar amount of your most expensive product or service for sale.

Deposit Account Information

Enter information about the account to which you want funds deposited. This account might also be debited for any accrued fees, chargebacks, refunds, returns, or other amounts owed related to the eCheck account.
Routing Number
 is the nine-digit routing number for your bank. It is printed on the bottom of your checks. If you do not have checks, contact your bank for the number.
Account Number
 is the number of the bank account in which funds from your sales will be deposited.

eCheck Settings

Enter the eCheck descriptor.
eCheck descriptor
 is the name that appears on the charge in your customer’s bank statement. It should be the name they associate with your company. Most often it will be your business name or website URL and might need to be abbreviated to fit the 10-character limit.

Service Agreement

Read the eCheck Service Agreement. Check the box to agree.
Click
Submit
 to submit the application. You will receive an email confirming that it has been received. An underwriter will review the application and respond with their decision or ask for additional details if needed.