Purchase Merchant Account

Accept Level III Purchase Credit Cards
for
Business to Business (B2B) &
Business to Government (B2Gov)

By Dr. Merchant

GREAT INFORMATION - OK TO PRINT PAGE

Recently, I attended a government business expo sponsored by the Small Business Administration (SBA) Minority Vendor Fair, where I heard the Federal and State Government Agencies explained to both large and small business owners that if they want to get paid faster, they need to accept their "GSA SMART PAY" Purchase (Procurement) Card. At this same seminar, corporate sponsors reiterate the same thing the government was saying except it was their corporate purchase card.

If you want to grow your business with the Government or establish Business to Business relationships, you need to accept purchase credit and charge cards and GSA Smart Pay if you want to get paid faster. They have found that having a purchase credit card, eliminates paperwork, lower cost and keep track of expenses. Want more proof? As of this writing, there is nearly one (1) million purchase credit and charge cards issued to government employees, small business owners and corporate personnel, accounting for over $14 Billion in purchases annually, with an average sale of $575 per transaction. Additionally, Companies will spend over $500 Billion purchasing goods and services. Are they buying from you?

These same vendors have developed a Preferred Vendor list of Certified companies who accept purchase cards. If you don't accept purchase credit cards or GSA Smart Pay and you still use the purchase order and invoice system, it will take an average of 30 - 90 days to get paid versus 2 - 3 days with Dr. Merchant's Payment System. Which way do you prefer to get paid?

Dr. Merchant can help your business accept "true" GSA Smart Pay and other Purchase Cards with our various Point-of-Sale (POS) packages. You can purchase or lease equipment, buy software or not purchase any equipment or software if that's your preference. With Dr. Merchant Smart Pay Program, you will be able to accept GSA and other Smart cards, with our Smart Pay PoS System, plus, you will be able to Keep detailed track of invoices, purchases and expenses built on the card.

But I Can Go To My Bank!
Most banks considers business to business (B2B) and business to government (B2G) risky business. They will turn you down, if you apply for a merchant account. Even if you are approved, they will constantly hold your funds 10 or more days whenever you accept a purchase card or have a high ticket sale over $500, plus charge you an additional surcharge fee, further frustrating you. Don't they realized that you have a business to run and have expenses too! Finally, they sell, lease or rent you the wrong equipment, which causes your rates to go even higher.

Dr. Merchant understands business and that is why we offer the most attractive B2B and B2G program in the U.S. Dr. Merchant is Certified Minority Vendor so we know personally what you go through when you do business with the government or large corporations. Dr. Merchant features low discount rates & fees with no monthly minimum for certified government and corporate vendors. Your discount fees will be based on how you decide to process payment transactions. See the Corporate Rate Schedule for sample rate fees.

To qualify for accepting government and corporate purchase, procurement card, your terminal or software must be prompt for Level II or Level III data. Dr. Merchant will provide you with required data no matter which system you select.

What are Differences between the Purchase Card Level Data?

Purchase
Level III
- Swipe

 Qualified for the lowest rates for swiped transactions, plus, detailed purchased information, including item purchased, quantity, unit price, shipping cost and other specific information.
Purchase
Level III
- Keyed		 Standard financial information, plus, detailed purchase information, including item purchased, quantity, unit price, shipping cost and other item specific information. Transactions are keyed.
Purchase
Level II
- Swipe
Standard financial information, plus sales tax paid and allow capture of a unique code to assist cardholders to sort, reconcile and report transactions.
Purchase
Level II
- Keyed		 Standard financial information, plus, sales tax paid and allows for capture of a unique code to assist cardholders, to sort, reconcile and report transactions. Sale will prompt for Address Verification (AVS) which includes the street billing address number and the zip code of the cardholder and CVV code.
Purchase
Level I
- Keyed		 Basic credit card information, such as, account number, expiration date and amount of sale. Transactions are keyed-in. Transaction will prompt for AVS.
Purchase
Large Ticket 		Ideal for companies with an average ticket of $2,500 and higher. Transaction can be keyed or swiped. Special Incentive Package for Certified Government/Corporate Vendors.

Description
Level III
Level II
Level I
Card Number
x
x
x
Transaction Amount & Date
x
x
x
Merchant Name
x
x
x
City, State, Zip
x
x
x
Merchant Category Code
x
x
x
Sales Tax Amount
x
x
Customer Accounting Code
x
x
Customer Purchase Order Number
x
Item Product Code
x
Item Description
x
Item Unit of Measure
x
Item Price & Extended Amount
x
Alternative Tax
x
Discount Amount
x
Freight/Shipping Amount
x
Duty Amount
x
Destination Postal/Zip Code
x
Destination Country Code
x
Ship from Postal/Zip Code
x
Order Date (YYMMDD)
x

Dr. Merchant Purchase Card Rates
 (subject to change)

Category
Discount Rate
Item Fee
 Comments
Purchase
Level III - Swipe
2.25%
25¢
 Swiped detailed Level III transaction with complete invoice and purchase order entry.
Purchase
Level III - Keyed
2.45%
25¢
 Keyed detailed Level III transaction with complete invoice and purchase order entry.
Purchase
Level II -Swipe		 2.35%   Swiped transaction with sales tax, and basic invoice and purchase order information.
Purchase
Level II - Keyed
2.45%
30¢
 Keyed-in AVS/CVV2 transactions with sales tax and basic invoice & purchase order entry.
Purchase
Level I - Keyed
3.95%
0¢
 100% Keyed-in transaction w/no AVS/CVV2. No invoice/purchase order entry. High Risk.
Purchase Large Ticket
1.59%
$50
 For Average Sales over $2,500

Monthly Statement Fee
$15.00
 Funds Available in 2 -3 Business Days
Credit/Debit - 24/7 Help/Tech Desk
Monthly Minimum
$25.00
 Waived if Certified Gov't/Corp. Vendor
Application Fee
$49.95
 Waived with Cash Rebate Program
Site Inspection $50.00 Waived with Proof of Business & Rebate

Qualified Equipment and Software

Purchase Lease* Comments
$199.00
NONE
No Software required. Internet Access Required. Gateway Fee: $20/mo.
$799.00
NONE
No Gateway Fee. Windows based PC Software with modem required
$1,249.00
$39.87
Smart Card System ideal for GSA/Corp Large Ticket Sales w/invoicing
$1,699.00
$59.47
All-in-One with Smart Card Reader and Check Imager w/Guarantee

*Lease payment is based on 48 months non-cancellable lease with good credit with only one payment required at lease signing. If bad/no credit, higher monthly payment. Shorter lease terms available.

Smart Card Reader is Required to read GSA Smart Pay and other Smart Corporate Purchasing Cards. Swiped Transactions with Invoice and Purchase Order Entry and Tracking qualifies for the lowest rates. PC Software and Web Payment Services qualifies for Keyed-In Rates with Address Verification Services (AVS) and Card Verification and Validation (CVV2) Rates.

APPLY TO ACCEPT PURCHASE CARDS TODAY
 you'll need the following to get approved. . .

  • A Business License/Certificate (Proof of Business)
  • A Driver's License/State Issued ID (Proof of Identity)
  • A Voided Check (So you can Get Paid)
  • A Completed Application (Apply on-line)

Why Do I Need These Things?

You need proof of business because we must know that you are legally in business. You need proof of identity because with Identity Theft out of control, we need to know who you really are and that you are the owner or officer of that business. We need a void check so we can get paid and you can get paid, it's simple as that. Finally, we need a completed application so we can establish your merchant account, activate services and program your POS system.

How Do I Get Started?

Getting started is easy.

Select one of the forms below, complete and submit to us and we will handle the details.

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