Merchant Accounts For Furniture & Home Furnishings Businesses

Merchant Accounts For Furniture & Home Furnishings

An Overview

The Best Merchant Account For Hard To Place & High Risk Businesses In The Furniture Industry

Member Organizations

Frequently Asked Questions

Here are common questions specific to medical supplies merchant accounts:

  • What types of home furnishing industry businesses do you accept?

    Soar Payments accepts a wide range of retail, eCommerce and dropshipping companies within the home furnishing industry. These include custom furniture makers, luxury furniture makers, local home furnishing boutiques, and eCommerce retailers who operate nationally. Many banks will not provide merchant services to furniture dealers who sell online, but Soar Payment specializes in providing merchants accounts in this area.

    To be approved, your furniture business must prove it can maintain a chargeback ratio below 2%. Applicants with a history of chargeback ratios exceeding 3% cannot be approved. Additionally, your business must be located, and operate, solely within the United States of America. The business owner must also be a US citizen or valid visa holder.

  • Is there a transaction ceiling for furniture merchant accounts?

    We understand that custom furniture builds, or large furniture orders, can equate to a transaction of thousands of dollars (or even tens of thousands of dollars). For many furniture businesses, it’s imperative that they be able to process very large ticket sizes and pre-authorizations.

    During the application process, you can tell us how much your largest typical ticket size runs; when an underwriter reviews your application, it will be reviewed with your business’ specific transaction ceiling in mind. However, know that a larger the approved single ticket size, equates to more perceived financial risk to the credit card processor. Therefore, you may be asked to provide business financials or other documentation if the underwriting team deems necessary. If requesting an average ticket size larger than $5,000, you will likely be asked to provide the prior two years of business financials.

    Additionally, you may be asked to provide an inventory list or catalog showing the furniture items being sold (if this not available online). You may also be required to provide a sample customer contract for deliveries or “custom build” type sales.

  • What types of furniture merchant accounts does Soar Payments offer?

    Soar Payments offers a full-spectrum of merchant services to home furnishing companies. These include:

    • Retail: A retail merchant account enables businesses to accept face-to-face debit and credit card payments via a traditional credit card machine or point of sale system.
    • Mobile: A mobile merchant account enables your business to accept face-to-face credit and debit card payments via a swiper (included with each account) that plugs into your mobile phone or iPad.
    • Virtual Terminal: Also called a payment gateway merchant account, a virtual terminal enables businesses to accept payments over the phone, via mail, or typed into a computer (without needing other equipment).
    • eCommerce: An eCommerce merchant account allows you to accept credit card payments via your website’s online shopping cart.

Want more information? Click here to read our extended list of our FAQ.

Our friendly Customer Support Team is standing by to approve your application

Accept Retail, Mobile, Virtual Terminal or eCommerce Payments

Retail Payments

Retail businesses can choose from a traditional credit card terminal, wireless, or point of sale system. Whatever you choose, our retail merchant accounts will have you accepting credit and debit cards faster, and for less.

Mobile Payments

​Want “on the go” mid or high risk credit card processing? Our mobile pay options are for you. Choose between iPad or mobile phone credit card swipers, compatible with both iPhone and Android devices.

Virtual Terminal Payments

Accepting payments over the phone, mail or typed in on your laptop  is easy with our virtual terminal merchant accounts.  No equipment needed. Just log in to your virtual terminal, and type in the customer’s credit card.

eCommerce Payments

Selling online? Our easy to use payment gateways are compatible with, and simply plug in to most major shopping carts. Our mid and high risk merchant accounts are streamlined for eCommerce businesses.

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From credit card processing to bitcoin… from retail POS systems to cutting edge digital payments tech… merchant accounts and mobile checkout… we cover it all!

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Our podcast explores the fast-changing world of payments and fintech through interviews with thought leaders around the world. From credit card processing to bitcoin, and digital banks to finance software… we cover it all!