Merchant Accounts For Professional Sports & Athletic Fields
The Best Merchant Account For Hard To Place & High Risk Businesses In The Pro Sports Industry
Frequently Asked Questions
Here are common questions specific to pro sports merchant accounts:
What types of professional sports industry businesses do you accept?
Soar Payments accepts a wide range of pro sports and athletic facility industry businesses. These include micro and small businesses, as well as mid-sized and large corporate businesses. Merchants may include pro sports teams (including AAA and minor league ball clubs), sports exhibitions, sports producers, sports training complexes, athletic fields, arenas, stadiums, and tournament and competition production companies.
To be approved, your pro sports 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.
Does a Soar Payments merchant account allow for payment of an advance reservation or deposit? How about preauthorizations?
We understand that it is important for cash flow and operational reasons that your pro sports business be able to accept deposits or advance reservation payments (for instance, for advance ticket orders, or to reserve field usage). A Soar Payments merchant account will allow deposits or reservation payments for up to one full year in advance. Reservations or deposits may not be transacted in excess of one year in advance, and transactions may not have a payment plan that exceeds 12 months.
Merchants may preauthorize a customer’s card within their gateway or terminal of choice, and settle the full payment after the service is fulfilled. We highly suggest that all merchants communicate this process to their customers, and obtain payment authorization agreements, to avoid any false chargebacks due to the customer trying to avoid covering the payment.
What types of pro sports merchant accounts does Soar Payments offer?
Soar Payments offers a full-spectrum of merchant services to pro sports, athletic fields, and similar businesses. 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
Questions? (888) 225-9405
Accept Retail, Mobile, Virtual Terminal or eCommerce 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.
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.
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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