1. What happens
when I submit an application for a merchant account?
Your local branch will do a credit
review. Once approved, you will be provided with an
access code so that you can start to build your QuickStore
and sell on-line.
The following steps explain the
process after you have built your QuickStore until you
receive funds from a sale:
Customers visit your QuickStore and select items for purchase
Once customers have added all the items they want to purchase
to their shopping cart they proceed to the check out process
Customers provide billing, shipping and payment information and
click the "Check Out" button
System obtains an online real time authorization for the order
If the authorization is unsuccessful, the customer is asked
for another form of payment and the authorization process is repeated
If the authorization is successful, the customer is given
an online order confirmation, the system sends the customer
an order confirmation email, creates an order and sends
an (optional) order alert email to the merchant
Merchant then logs into the web interface to print packing slips
and to perform further research to determine validity of orders
Merchant ships product or provides service
Merchant logs into the web interface and processes the shipment
of goods or delivery of services
System generates an invoice confirmation email to the customer
System generates a settlement record for the amount of the
invoice and on a daily basis batches settlement records
together for submission to Scotia CardPoint Payment
Processing. The cut off time for orders is 11:00pm EST.
Scotia CardPoint Payment Processing initiates the collection
of funds from the cardholder
The proceeds of your sales, net of merchant account fees, are deposited into
your bank account within 2 business days.
Your initial site may be
up and running in a matter of minutes. This will include
information about your company, what your goals are
and how people can contact you. Creation of your online
catalog depends on the number of catalog items you
want to offer, and the readiness of your graphic content
and product data to be loaded into your site. If you
only offer a limited number of catalog items with
pictures and text, you can set up your store in a
few hours.
The system provides you
with simple step-by-step instructions to assist in
completing all of the required store elements. You
can take as long as needed to set up your store. It
is not available to the public Internet until you
activate it and open your "doors" for business. When
you build your store the graphics you wish to include
need to be in a .jpg or .gif file format.
Additionally, transferring
of a domain name, if you have it at another provider
may take a couple of days to reach our servers. We
have no control over the amount of time it takes for
other parties to react, but we act as quickly as possible
to ensure a smooth transition for you to get online
and selling.
Follow the easy step by step instructions
for building the QuickStore. For more information,contact
support at support@MegaTron.com, or you may download
an electronic copy of the help manual by clicking on this link.
