Everything you need is available. You’ll have a virtual terminal, iPhone processing, credit card storage, and robust online reporting to manage your business payments with ease.
Categories: Setting Up A New Account
Dharma can work with many different types of merchants, but we don’t process for high-risk industries. A high-risk industry is defined as an industry that historically deals with more chargebacks, fraud, business closures, and federal regulation issues. As such, a different type of processing bank specializes in these types of accounts.
Dharma offers next-day funding for card-present (retail) merchants, and 2-day funding for Virtual (card-not-present) merchants.
We’ll need a voided check, proof of your legal entity, as well as 3-months of prior processing statements if you already take credit cards.
Usually we can fully setup an account within 2 business days after receiving your signed application and documents.