Start Accepting Payments Today!
Are you a small business looking to set up a low-rate, merchant account fast? Bluefin Payment Systems offers companies processing up to $1,000 a month in customer transactions the Small Merchant Approval Program (SMAP). With SMAP, you get:
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Instant approval - start processing immediately»
Low transaction rate and no monthly fees»
A highly secure payment gateway
Bluefin Payment Systems is a leading provider of payment processing services to fit the unique needs of our customers:
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Accept debit cards, credit cards and ACH transactions»
Process at the POS, on a virtual terminal or on a pay page»
Set up recurring and subscription billing
And with Bluefin's Small Merchant Approval Program, what you see is what you get: fixed rates for bank card transactions and a monthly minimum of only $9!
Frequently Asked Questions
Please note that processing funds will initially be held for 30 days. On day 31, you will enjoy the benefit of next-day funding.
+If you process over $1,000 in transactions per month, get all the benefits of SMAP and low rates with our PriceSimple program. See http://www.bluefin.com/pricesimple for more information.
*A charge of 0.25% will be added to Premium and Reward credit card transactions because of the higher cost of processing these cards through Visa and MasterCard. Fees for international transactions done through MasterCard and Visa will be added to the transaction amount. Charge-back and retrieval fees are still applied at the fee that will be defined in your merchant processing agreement. SMAP pricing is for bank card only. ACH transactions are not included in this pricing grid.
Apply Online!
Bluefin's SMAP
Our Small Merchant Approval Program (SMAP) is suited for U.S. merchants that process up to $1,000 in transactions per month.+
- 1.69% + $0.25 Swipe rate
- 2.69% + $0.25 Non-swipe rate
- $9 Monthly Minimum
- NO Application, Setup or Termination Fee
- NO Monthly Statement Fees
- NO Monthly Fees
- FREE Virtual Terminal
- FREE PCI Compliance Assistance Program
Frequently Asked Questions
Is there a service contract?
There is no service contract required, no set up fee and no cancellation fee.
How do I apply for a merchant account with Bluefin Payment Systems?
Please fill out the form at the bottom of this page to start the process.
What kind of information do I need to provide for the application?
The information you will need to provide is very basic and will include your business name, address, Tax Identification Number (TIN), actual or projected dollar processing volume per month, and how long you have been operating. Additionally, if you already have a merchant account from another provider and would like to switch completely to a Bluefin merchant account, you will be asked for the previous three months of processing statements. In addition to the statements, a preprinted, voided check is required for your bank account to ensure funds are deposited to the correct account. If you do not have a preprinted check, a letter from your bank outlining account details including name on account, routing/account number, will be sufficient.
Do you need a credit check and/or my financials as part of the set up process?
Yes, credit checks are required by Visa and MasterCard and are necessary to determine if the business owners are financially sound. Additionally, if you plan to process over $50,000 in transactions per month and/or have an average transaction size of $2,500 or more, one year of complete CPA prepared/Audited financials may be required. In some cases, two years of the most recent CPA/Audited financials may be needed depending on credit of signer, years in business and projected volume levels. Bluefin Payment Systems extends virtually unlimited lines of credit when a merchant account is set up. Financial stability is the most critical component of the approval process.
When do I receive notification that my account has been activated?
Once your application is submitted to a Payment Processing Specialist, it will be reviewed by the Underwriting Department for approval. Once it has passed through underwriting, you will be notified that your merchant account application has been accepted. Your Payment Processing features will be live and ready for use within 3-5 business days from the time of underwriting approval.
How and when do I receive my funds?
The funds from your transactions are deposited directly into your business bank account you specify on your merchant application. Visa/MasterCard/Discover deposits will normally be deposited in 2 business days. American Express in 3-4 business days.
Will I be trained on how to use the payment gateway?
Yes, once your account has been approved, a Bluefin representative will make an appointment with you to train you on how to use all the features of the payment gateway.