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Promotional Rates

.85% to 1.5% it will not exceed 1.5% with FBS . Will need to see 3 months of merchant statements. If it’s a new business the rate will be .85%

Multi-Level Marketing

MCC: 5964, 5968

Acceptable

Tangible products
Any product that is not prohibited
Requirements

  • Executive summary (to include number of resellers added yearly)
  • Legal Opinion Letter
  • Compensation Plan/Payout structure (if not present on website)
  • Reserve
  • Login Credentials for online customer portal
  • Call scripts if MOTO
  • Fulfillment Agreement (if applicable)
  • Product Manufacturer
>$100k monthly volume additional requirements
  • Previous 2 years business tax returns or audited financials
  • YTD balance sheet and P&L
  • 3 months most recent processing statements