Advantages of Credit Card Payment Processing

Whether starting a new business, or moving your business online, our Merchant Services solutions can help you accept card payments from your customers onsite, online, or on the go.

Take card payments with customizable payment solutions that grow with your business, from invoicing to online payments to point-of-sale and subscriptions.

Key advantages

We make payment processing convenient for your business by offering the knowledge, products, and services to help your business succeed.

• Get paid fast – as soon as the next business day – when you deposit into a Wells Fargo business deposit account.
• Robust capabilities that help minimize time spent on payments with convenient set-up and integration with other software and systems.
• Online account management tools. With Business Track ® view your transaction activity, create and schedule reports, and research customer card data online 24/7.
• Data Security and PCI Compliance support. We provide information and updates to help you manage your compliance with PCI-Data Security Standards.
• Straightforward pricing that makes it easier to estimate your monthly processing costs.
• Experienced Merchant Services specialists to help you get set up quickly and provide ongoing support as you need it. You can also tap into live support 24/7 and have access to any of our approximately 4900 local branches.

Grow your business

As a leading bank that has helped over 10% of small businesses in the U.S. to start, operate and grow, we have the experience to help meet the changing needs of your business at every stage, from getting started to opening a new location and expanding into new channels.

Here’s how we can help you grow your business:

• Help close more sales. Provide your customers multiple ways to pay, including debit and credit cards, digital wallets, and through your e-commerce shopping cart.
• Access working capital. Our Business Loans and Lines of Credit offer a range of solutions for merchants to get access to working capital.
• Utilize account management tools. With Business Track ® , view your transaction activity, create and schedule reports, and research customer card data online 24/7.
• Help attract corporate and government customers. Enable your point of sale terminal to accept purchase card data (p-cards) to attract and retain corporate and government customers.
• Add a new location. We can help you scale up and support multiple locations as well as an increase in business.

Processing and as soon as next business day funding

When a customer makes a payment, a number of technologies and institutions work together in just a few seconds to approve the transaction and schedule payment to your account. If you use Wells Fargo Merchant Services with a Wells Fargo business deposit account, you’ll get the funds from Visa ® , Mastercard ® , Discover ® Network, and American Express ® transactions as soon as the next business day.

Here’s how payment processing works

2. Merchant terminal (in person) or gateway (online) electronically sends an authorization request to the customer’s issuing bank.

4. Authorization or decline is sent back to the terminal or internet gateway notifying the merchant and customer of status.

5. Merchant sends transaction for settlement to payment processor.

6. Payment processor deposits funds into the merchant’s account.

Payment processing that works for your business

View options for accepting payments, or answer a few questions and we’ll suggest a potential match

Merchant Services are provided by Wells Fargo Merchant Services, L.L.C. and Wells Fargo Bank, N.A.

Wells Fargo Merchant Services, L.L.C. does not offer deposit products, and its services are not guaranteed or insured by the FDIC or any other governmental agency. When you use a Wells Fargo Bank deposit account for settlement or other Merchant Services purposes, you must use a Wells Fargo Bank business or commercial deposit account. Deposit products offered by Wells Fargo Bank, N.A. Member FDIC. Merchant Services are subject to application, credit review of the business and its owners, and approval.

Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.