Select the required setting from each drop-down list for the merchant account:
The MasterCard business type designation for the account. Possible values:
The MasterCard owner type designation for the account. Possible values:
The MasterCard ethnicity designation for the account. Possible values:
The MasterCard small business designation for the account. Possible values:
The Visa incorporation designation for the account. Possible values:
Note: If you select the 1 - Individual/Sole Proprietor option, the SSN must be provided on the Merchant Parameters page.
Indicates which fees to collect on a daily basis for the account. Possible values:
Indicates how interchange fees are collected for the account. Possible values:
For example, in the case of a $100 Deposit with $10 in interchange fees due, selecting N - Net Fee will result in a $90 net deposit ($100 - $10), whereas selecting S - Separate Debit will result in a $100 deposit to account and a $10 withdrawal from account.
Indicates the term of the agreement for the account. Possible values:
Indicates the pricing option for the account. The options available here are based on the Discount Pricing Options set up at the Bank New Account Defaults page.
Indicates the American Express business type designation for the account. This field defaults to the business type specified for the merchant's American Express Registration, if created.
Possible values:
Note: This field is mandatory if the Underwriting feature is turned on.
Indicates the American Express ownership type designation for the account. This field defaults to the ownership type specified for the merchant's American Express Registration, if created.
Possible values:
Note: This field is mandatory if the Underwriting feature is turned on.