Get $100 When Opening an Account
Terms and Conditions This promotion applies to the following accounts only: Retail Mobile – Premier E-Commerce Money will be sent via check made to the order of the legal name on the account. Only after 30 days of clean processing…
When can I start using MagicPay to accept credit cards?
Once your account is approved, you’ll receive an email with setup instructions and login credentials for the app. Once you login and setup your app you’ll be ready to run transactions right away. Typically, this means you’re able to accept…
Do you report merchant revenue to the IRS?
Yes, we do. All credit card processors and sales organization are required to report merchants’ gross sales amount from settled transactions (Visa, MasterCard, Discover, PIN debit, etc). The Internal Service Revenue Code Section 6050W which was enacted by the Housing…
Why do I need to provide a Social Security Number?
We are required by banking industry regulations and federal law to ask for the Social Security Number, date of birth and full name for each of our users. Even if you plan on using our services primarily for a business,…
Do you have to own a business to use MagicPay?
No, you can sign up as a “sole proprietor” and use your personal name or a “doing business as” (DBA) for the business name.
Can I order more than one card reader?
Yes, you can order as many card readers as you like. The first card reader is free, any additional ones will cost you by the following pricing: Prices do not include shipping and handling. To order additional card readers just…
Once I get approved, will I be trained to use my terminal?
Yes. When you receive your mobile terminal your Account Executive will fully train you on your specific device. Also, you receive a toll free customer service telephone number you can call 24 hours a day 7 days a week for…
When will my funds be deposited to my bank account?
Usually within 24 – 48 business hours after your batch has settled through your terminal.
What mobile devices are compatible with MagicPay?
MagicPay is compatible with ALL Apple iOS, Android and Blackberry devices. For further compatibility, such as Windows Mobile, please contact us.
What type of credit cards can I accept?
MagicPay works with all major credit cards including Visa, MasterCard, American Express and Discover.