Frequently Asked Questions
Understanding The Essence Of The Opportunity
Got A Question You Think Should Be Added? Let Us Know!
No, this is a ‘work from home’ opportunity, whereby you can actually work from anywhere. If accepted into the program, you will be self-employed.
We never see the money you make. The monies you receive come directly from banking institutions. These institutions will not typically require any tax forms, as you are at that point a business and not an individual.
No, it is not. We have an application process designed to weed out unsuitable individuals.
You should form a Limited Liability Company (LLC), as this is a serious income generating business model. Operating as a sole proprietor is in some cases acceptable.
Any you like, but you must check with us first to make sure the name you select is compatible with what we do.
Yes, but again, the name of that company should be run past us, to make sure it is compatible with what we do. If incompatible, you may need to use a DBA (free) along side your company name. Alternately, you may also change the name of your company if it is incompatible. It should be noted that we strongly recommend the LLC company structure.
There are absolutely no costs upfront, and no payment is required.
It means to participate in the processing of transactions. Transactions are sales. As a co-processor, you will be processing payments for sales made by one or the other of our many clients. The sales are credit card transactions. Co-processing is done using a merchant account of your choosing. We provide assistance with obtaining merchant accounts.
Merchant accounts have monthly processing limits. If a sales organization reaches that limit, additional sales cannot be processed. This scenario is common with companies that are small, but operate nationally or even internationally. In the event that a sales organization reaches the monthly limit on their own merchant account, they employ our services to utilize co-processing. That is where we (and you) come in.
Very much so. In fact, it is utilized not only by large Fortune 500 companies, but also the government. While legal, though, it is not exactly held in high regard by the banking industry.
Collection agencies collect money on behalf of their clients. The IRS collects money on behalf of the U.S. Treasury. Amazon collects payments on behalf of their Marketplace sellers. The list is long and extensive. All of this is known as Co-Processing.
This will in part depend on which enrollment plan you select. With certainty we can say that you will not need to do anything to get new business, as business is provided to you via our Transaction Server Cart. There is nothing to sell, as all sales are made by our clients.
This can take as little as just a few days, depending on how quickly you move. In any case, your application will have to first be approved.
This program and opportunity is in large part based on trust. We reserve the right to reject applications we feel are unsuitable. We realize that sometimes we don’t get it right, so feel free to contact us if you feel you were unfairly denied enrollment.
Hardly. This is a recession-proof program, limited only by sales. As long as we have a working economy, we will have sales. Additionally, as long as banks impose limits on merchant accounts, businesses will have overage. Our income is not only easy, it is very secure.
Those are referred to as ‘Returns’. Industry wide, there are an average of 2% returns on purchases. This is a minuscule amount and does not adversely affect the big picture. Additionally, the return period is typically within the first 30 days. Note, though, that when a return occurs, everything on the related transaction is reversed, including the yielded profit.
Like the sales organizations we represent, you too will have a processing limit on your merchant account(s) that will limit how much volume you can turn over. To keep the dream alive, you need to take the appropriate action and maintain your merchant accounts. More importantly, monitoring your instant messaging notifications for new transaction alerts will directly impact your level of success.
This will vary. While all merchant accounts will increase your limit as you go along (just like in a credit card scenario), all will top out eventually. Tier one merchant accounts (typically banks) provide higher initial limits. This stands in contrast to tier 2 and 3 merchant accounts (i.e. PayPal, Stripe) which either don’t specify what the limit is or whereby the limit is relatively low.
Dealing with financial institutions is fairly straight forward. For most merchant accounts, an application process exists. For many, your personal credit is less relevant than your setup infrastructure. In any case, it is advisable to operate as a Limited Liability Company (LLC). Please note that the process of opening merchant accounts is an integral part of our step-by-step training program.
or each suitable candidate that you refer and whom we accept, you receive 3% of their processed transaction volume. Referral payments are tendered weekly.
Standard transactions are available to U.S. and Canadian enrollees only. ‘AA’ Transactions are available in many countries. Please check with us first on this.
It is not legal for us to do that. What we instead do is to guarantee your satisfaction in the first full year of being in enrolled. That being said, generating income in in the program is not something that depends on you, with the exception of having at least one merchant account.
Yes, though each partner would be required to submit their own program application. Additionally, the contract presented to you upon securing an approval for all parties, would need to be issued in the name of the jointly formed company.
This type of transaction does not require a merchant account and is routed directly to your bank account. Since the middle man (merchant account) is not used, this type of transaction yields a greater profit level.