ODoF Merchant Services Application

ODs on Finance Merchant Service
133 2nd Street, Los Altos, CA 94022

merchant@odsonfinance.com

www.merchant.ODsonFinance.com

650-405-3778
Merchant Services Application

Please fill out information PRIOR to our GOOGLE MEET. This is NOT a final application submission, a final E-Signature will be sent out for your approval. SCHEDULE 🖥️ https://calendly.com/merchantodof
Primary Contact*
Phone Number *
Mobile Preferred for Text Reminders
Email*
example@example.com
Type of Merchant Application based on quote sent *
*If a surcharge application is needed, please email merchant@odsonfinance.com for surcharge quote prior to meeting. For more information, visit https://merchant.odsonfinance.com/free-0-credit-card-processing/

Business Information
Legal Name*
Legal Company Name (Must be spelled exactly on IRS Form)
DBA Name *
Doing Business As (DBA)
Business*

Legal Company NameDBA will be your Office Name: Make sure this is exact spelled correctly
Year Established*
Year when you form your LLC, S-Corp or C-Corp
Length of Legal Ownership (Years/Month)*
Ex: If you establish your LLC in Jan 2020, and it is it Feb 2024, then it would be 4 years and 1 months (estimated)
Business Tax ID (TIN) *
If Solo-Prop, please put your SSN
Business*

Legal Company NameDBA will be your Office Name: Make sure this is exact spelled correctly
Type of Legal Structure*
Majority of Business are either S-Corp or LLC, but a LLC can file taxes as a S Corp (Please put LLC-Corp)
Physical Business Address *

Street Address

Street Address Line 2

CityState

Zip Code
Legal Company’s address (if different from business address), this must MATCH your Articles of Incorporation. Otherwise leave blank below

Street Address

Street Address Line 2

CityState

Zip Code
Office Email (IMPORTANT) | Not Public*
This email will be linked to dashboard for daily transactions, online invoicing, etc will be linked to, so make sure it is an email that your staff handling payment has access. They will NOT have access to major accounts changes without account holder’s info.
Business Phone (Public)*
Please enter a valid phone number.
Business website*
Please put website link for verification
*For new business SCORP/LLC (LESS Less than 1 year), we will need a PDF copy of ARTICLE OF Incorporations

Please make sure your legal address matches your application
Cancelof

Principle Owner (s)
Any owners with 25% or more ownership, they are required to be added on as additional principles

Personal guarantee required (this is standard across all banks) in order to underwrite you. This is not to pull credit or anything (not like a business loan) but means you will be responsible for the merchant account.
Owner*

First NameLast Name
Email*
example@example.com
Phone Number*
Please enter a valid phone number.
Residential Home | Required, no PO Box or business address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Date of Birthday (DOB)*

MonthDayYear
Date
Owner’s Social Security Information (SSN)
Will be secured stored and deleted after application submission. If you don't feel comfortable, okay to give it verbal during call
Current Ownership Percent (%)*
List any additional owners with over 25% Ownership below (if applicable)
Full Name, DOB, Residential Home address (No PO BOX or business addresses), Cellphone, email, % Ownership, SSN (Okay to give during call)

Estimated Credit Processing
Merchant Profile

Purpose: To create a general merchant profile to prevent fraud. Please give your best estimate
Business Annual Revenue (Gross)*
$250-500K for new businesses, and over $1M+ for most established
Projected Monthly Credit Card Volume*
$20-50K for most newer businesses, but over $75-150K for most established
Average Ticket Transaction*
Average Transactions: $125 to $300
Highest Ticket Transaction*
Average Highest Transactions: $1000-2500.
Frequency of highest ticket transactions per year*

Banking | Funding Options
Deposit Routing Number
9 Digits Routing # | Where funds get deposited into
Deposit Account
Account where funds get deposited into. If you don't feel comfortable, okay to give verbally during call
Funding Type*
Regular 2 Day Funding (FREE) is usually recommended
Different Billing/Chargeback account (Optional)
Please indicate additional Routing/Account # if you want a different billing or chargeback account. Most businesses do NOT do this

Equipment Set-Up
Direct low-cost wholesale pricing

Check out list of POS Hardwire with all their features: https://merchant.odsonfinance.com/payment-hardware/
How many devices do you have currently or need?*
If you are getting a SMART TERMINAL, then it is fully mobile so less POS are needed.
How good is your your SECURED-Password enabled WiFi Signal? *
Please note that even if your WiFi goes off, the POS will still process the transaction but hold it as TOKEN to update to network when connection is reconnected
Which POS are you interested?*

DESK 3500: Wireless/Ethernet, Cost-effective entry-level offering that provides an easy setup and experience.POYNT Smart Terminal: Wireless/Ethernet, our best POS with fully customized features. 7” Touch Screen with TEXT/EMAIL/PRINT receipt.MOVE 5000: 3.5” color interface for best-in-class user experience with sleek design. Fully Mobile and includes charging base for Ethernet & WiFi-enabledNot sure! Want to discuss options about it during call
Do you want online invoicing (FREE)?*
Virtual Terminals Options: https://merchant.odsonfinance.com/virtual-terminal/
Are you a current Elavon account and want to reprogram any POS that you own (Not Rentals): If so, please indicate POS model and number of devices below
Reprogramming is only available for current Elavon account & POS; Clover, PAX & other POS are not eligible
OPTIONAL: ONLY for CONVERGE Virtual Terminal Via desktop comp with low-cost card readers | Please indicate below if you are interested in this set-up. How many stations and how many card readers do you need?
For businesses who really need credit card stored on file, otherwise a standard alone POS works. For more info: https://merchant.odsonfinance.com/resources/converge-terminal-card-readers-set-up/

Additional Locations (Optional) | Must be Under Same Tax ID & Legal Structure
Only Fill Out if Additional Merchant IDs (MID) needed

Different MID for secondary locations. Must be under same TAX ID, Legal company, ownership but different DBA & Banking info , other if different TAX ID, need to submit a different application
2nd Business (DBA) Name
DBA will be your Office Name: Make sure this is exact spelled correctly
2nd Business Phone (Public)
Please enter a valid phone number.
2nd Office Email (IMPORTANT) | Not Public
This email will be linked to dashboard for daily transactions, online invoicing, etc will be linked to, so make sure it is an email that your staff handling payment has access. They will NOT have access to major accounts changes without account holder’s info. Recommend different email unless getting POYNT Set-up
Business website*
Please put website link for verification
2nd Business Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
2nd Location Card Volume

Purpose: To create a general merchant profile to prevent fraud. Please give your best estimate
Business Annual Revenue (Gross)
$250-500K for new businesses, and over $1M+ for most established
Projected Monthly Credit Card Volume
$20-50K for most newer businesses, but over $75-150K for most established
Average Ticket Transaction
Average Transactions: $125 to $300
Highest Ticket Transaction
Average Highest Transactions: $1000-2500.
Frequency of highest ticket transactions per year
Banking Information | Funding Options

If different from primary location
Deposit Routing Number
9 Digits Routing # | Where funds get deposited into
Deposit Account
Account where funds get deposited into. If you don't feel comfortable, okay to give verbally during call
Funding Type
Regular 2 Day Funding (FREE) is usually recommended
Different Billing/Chargeback account (Optional)
Please indicate additional Routing/Account # if you want a different billing or chargeback account. Most businesses do NOT do this
Which POS models and how many devices?
List of POS Equipments: https://merchant.odsonfinance.com/payment-hardware/
For any additional locations (3 or more) , input all info below
DBA Name, Business Phone, Email, Physical Address, Annual Rev (+Monthly CC Volume, Avg Transaction, Highest Ticket Transaction, Freq of Highest Transactions)

Other Information
PCI Compliance is required (10mins Online submission) within 90 days of Account approval, or a fee of $74.99/month will imposed by Visa/MC/AMEX*
10mins PCI walkthrough avail here: https://merchant.odsonfinance.com/resources/customer-support/
Credit processing is REQUIRED within 90 days of merchant account, otherwise account will be deactivated and a restocking fee of $150+ per device returned. *
All devices are purchased in full at WHOLESALE Pricing , then a merchant will receive a $200 credit towards wholesale purchases, ONLY eligible for accounts processing over $30,000 monthly after 3 months, then recheck every quarter until this goal is reached. This result in a FREE Basic POS or credit toward a smart terminal *
We don't make any money off of POS Sales
Approval Timeline: 1-2 days for underwriting to approve, 3-4 days to program/ship devices out. Total 6 Business days via UPS Tracking *
We don't make any money off of POS Sales
There is no contract, no teaser rates, no hidden fees such as monthly account use, PCI etc. *
We don't make any money off of POS Sales
Anything you want to discuss below?
Interchange Rate Plus vs 0% Credit Surcharge, Virtual Terminal/Online invoicing, POS Options, Support, PCI-Compliance
Should be Empty:

Merchant Services Application

Any owners with 25% or more ownership, they are required to be added on as additional principles

Merchant Profile

Direct low-cost wholesale pricing

Only Fill Out if Additional Merchant IDs (MID) needed

2nd Location Card Volume

Banking Information | Funding Options