Online Application - Soar Payments LLC

Online Merchant Account Application

Application for a merchant account with Soar Payments.

Application Type*
What services are you interested in?
Legal Business Name*
"Doing Business As" Name*
Enter exactly how you want your company name to appear on customer receipts and credit card statements.
First Name*
Name of the contact person at your business.
Last Name*
Contact Name
First Last
Email*
Contact Phone*
Mobile number to discuss this application
Customer Service Phone*
Business phone number to be listed on receipts
Send SMS Updates
- Send SMS Updates
Updates are sent to the contact phone number on file. To stop receiving updates, uncheck the box or reply "STOP". Standard text rates may apply.
Select An Industry*
Briefly Describe Your Business*
Federal Firearms License*
An FFL is required if your business is selling firearms
Select A CRM / Software*
Select a CRM / Software that is to be integrated with your Merchant Account
Are you a broker?*
Select if you arrange or sell services between the customer and a third-party producer.
Do you or have you advertised or sold CBD products?*
Do you or have you advertised or sold flavored cartridges or eCig juices other than Menthol or Tobacco?*

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How will your business accept payments
Primary Method Of Accepting Credit Cards*
- eCommerce: Payments are entered by Customer in an online checkout.
- Over the Phone: Payments are entered in a Virtual Terminal or set-up for Recurring Billing.
- In Store / Mobile Swipe: Payments are taken in person via swiped transactions.
Secondary Method Of Accepting Credit Cards (If Any)*
- eCommerce: Payments are entered by Customer in an online checkout.
- Over the Phone: Payments are entered in a Virtual Terminal or set-up for Recurring Billing.
- In Store / Mobile Swipe: Payments are taken in person via swiped transactions.
Select A Shopping Cart / eCommerce Platform*
Select a Shopping Cart / eCommerce Platform that is to be integrated with your Merchant Account
Expected Monthly Volume*
Estimate of your company's total monthly credit and debit card sales.
Average Transaction Size*
Estimate of your company's average typical sale size.
Maximum Transaction Size*
Estimate of a typically large sale for your company.
Has Your Company Had An Active Merchant Account In The Last 90 Days?*
Current or Recent Merchant Account Provider
- Clearent
- EMS
- EVO
- PayPal
- Stripe
- Other

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Business Background
Business Website*
Ecommerce Percentage
Date Business Opened*

YYYY
MM
DD
Company Tax ID*
Enter company's US Federal Tax ID number, or the owner's Social Security Number.
Entity Type*
Entity State*
Enter the state your business was incorporated in.
Where Will Your Funds Be Deposited?
After you process a customer's credit card, the funds will be automatically deposited by your credit card processor in your company's designated bank account.
Bank Name*
Routing Number*
Bank Account Number*

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Business Address
Street Address*
City*
State*
Zip Code*
Country*
Office Location*
Office Square Footage*
Is Office Location Owned Or Leased?*
- Own: We Own Our Business Location
- Lease: We Lease Our Business Location
Is This A Virtual Office Location?*
- Yes
- No
Select "Yes" if your business address is a PO Box or mailbox address.
Actual (Non-Virtual) Address Of Business Operations
A virtual office or PO Box can be used for a business' mailing address. However, the actual business' operating address is required in the event an on-site inspection is requested for underwriting. (Note: Listing a home address for home-based businesses is permissible).
Street Address*
City*
State*
Zip Code*
Country*

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Primary Business Owner
First Name*
Last Name*
Owner Name
First Last
Owner Home Address*
City*
State*
Zip Code*
Country*
Years At Current Address*
Number of years the owner has lived at current address.
Personal Phone*
Owner's Date Of Birth*

YYYY
MM
DD
Owner's Driver's License #*
The Owner's Driver's License number (or alternatively Passport or Other Government Issued ID) is required for underwriting, and is kept strictly confidential.
Owner's Social Security #*
Owner's Social Security Number is required for underwriting, and is kept strictly confidential.
Approximate % Owned By Listed Owner*
- 25%
- 51%
- 75%
- 100%
Select the approximate percentage of the company, which is owned by the owner listed in the application.
Driver's License Expiration Date*

YYYY
MM
DD

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Underwriting Required Supporting Documents
To receive your price quote and DocuSign application immediately, upload your supporting documents now.
Otherwise, you can submit these documents separately from your application, by emailing them to sales@soarpay.com.
Last 3 Business / Personal Monthly Bank Statements
Drop files here or
If your company has been in business in the last 90 days, submit copies of your three most recent business bank statements. For new businesses, submit the owner's three most recent personal bank statements.
Voided Company Check
Drop files here or
Owner ID / Drivers License
Drop files here or
Last 3 Merchant Account Monthly Statements (If Applicable)
Drop files here or
If your company has accepted credit cards in the last three months, submit scanned copies of your three most recent credit card processing statements. For businesses without recent credit card processing history, nothing is required.
Sample Customer Contract
Drop files here or
Provide a sample customer contract that includes pricing, services offered, and a credit card authorization form.
Business Formation Documents
Drop files here or
Provide copy of your business formation documents such as a Certificate of Formation, Business Name Registration, Articles of Incorporation, or Articles of Organization.
FFL (If Applicable)
Drop files here or
An FFL is required if your business is selling, manufacturing, or importing firearms or destructive devices. An FFL is also required for business manufacturing or importing ammunition, or ammunition for destructive devices. We will also require an FFL if your business is selling 80% completed lower receivers, or black powder weapons / ammo.
ARC Bond (If Applicable)
Drop files here or
An ARC bond is required if your business is selling airfare or providing airfare brokering services.
Amount of Days From Business Start Till Present 2
Length of Ownership - Years
Length of Ownership - Months
ecommerce_payment
phone_payment
retail_payment
previous_processor
Annual Processing Volume Calculation
Amex Monthly Processing Volume Calculation
Submission Will Take 2-3 Minutes To Complete
After clicking 'Submit', do not close, refresh, or press 'Back' in your browser until the entire process completes and you are redirected to a confirmation page.
Name
This field is for validation purposes and should be left unchanged.

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Online Merchant Account Application

Step 1 of 6 - Basic Information

How will your business accept payments

Business Background

Where Will Your Funds Be Deposited?

Business Address

Actual (Non-Virtual) Address Of Business Operations

Primary Business Owner

Underwriting Required Supporting Documents

Submission Will Take 2-3 Minutes To Complete