Merchant Account Approval steps:
1. Under "Services" on our main menu, choose the category that best describes your business.
2. Review the fees and choose your desired point-of-sale device (credit card terminal, software, payment gateway, etc).
3. Fill in our online application for credit card processing service.
4. We convert the submitted application to a pdf file. The merchant account application is emailed back to the customer for required signatures.
5. The application is signed and faxed back to LNC with the required supporting documents where the application is processed for approval. Normal approval time is within 24 hours.
6. The customer is called with approval status and merchant account information.
7. If credit card equipment, software, or payment gateway was ordered, the merchant account information is downloaded and the point-of-sale device is made ready and shipped. Our shipping options range from overnight to 3-day shipping. Customer receives the point-of-sale system and calls-in for training
OR
If a customer has a pre-existing point-of-sale system, the file is established and the merchant account download is prepared for reprogramming of the point-of-sale device. Customer calls-in for download and training.