How Fast Can I Be Setup?

At Allied Payments, we approach things differently. We avoid the typical tactics of "upselling" or bait-and-switch schemes you might have encountered before. Our representatives will work together to set up your account without pressure or sales tricks.

How to Expedite Approval and Setup?

1. Fully complete our online application: https://www.alliedpay.com/apply
2. Provide all documentation as required during the application process
3. Most accounts are approved and set up within 1 business day

Once you have finished our online application, you will be assigned an account representative, who you can contact directly via email or phone.

Waiting on documentation from the merchant is the number one reason why account approvals get delayed. Fast responses are critical to fast approvals.

What Normally is Required from Merchants?

We'll need signatures on any new applications from either the business owner or an authorized representative of the nonprofit organization. An authorized representative is someone the nonprofit has designated as capable of acting on its behalf. For nonprofits, no personal guarantees are required; we’ll only verify the signer's identity as per the Patriot Act’s requirements. For private businesses, a personal guaranty and a credit check of the business owner are typically necessary. Be ready to provide this information.

You will always need proof of the bank account you want to use so we know where to deposit your funds and deduct our fees. Acceptable proof includes either a voided check (pre-printed with your organization’s name and address) or a signed bank letter from your financial institution stating your organization’s name, ABA routing number, and checking account number.

We will also need proof of your entity. This usually means a 501c3 letter from the IRS or a recent tax return for nonprofits. Private businesses can provide almost any federal or state-issued document that states their business information, such as a business license, sales tax registration, articles of incorporation, or a recent tax return.

If you have previously accepted credit cards, providing past processing statements is very helpful. These statements enable our underwriters to understand the types of transactions you handle, help structure your account appropriately, and effectively monitor for fraud.

We may request additional documentation depending on various factors. Factors that could influence this include average ticket size, expected monthly volume, the nature of products being sold, the time between payment and delivery, prior processing history, and other considerations. Since accepting credit cards is essentially a series of micro-loans, our underwriting bank will want to ensure they’ve done their due diligence when opening any new account.