Every eligible merchant that applies is qualified, no turndowns. The above values are therefore a conservative estimate of a traditional merchant account pricing. On-line merchants with existing credit card accounts. Smaller merchants unable to obtain a merchant account. No startup costs.
Merchants can become payment-enabled very quickly.
BizPay has no software to download or install. Setup is quick and easy. BizPay consumers will shop with BizPay merchants only. BizPay merchants will be equipped with the tools to undertake secure electronic commerce. The security of the BizPay system will increase consumer confidence in on-line shopping and will lead to higher participation rates.