Referenced in the Privacy Policy. If you are applying in a specialized category, read this first.
Approval is never guaranteed
·No application is certain to be approved. A complete, accurate, well-presented application improves the odds and guarantees nothing.
·Anyone who tells you an approval is assured is not speaking for AltirasPay.
Reserves and funding
·A Provider may require a reserve — rolling, capped or upfront — and may change it later based on how the account performs.
·Funding schedules may be delayed relative to standard accounts, and may change.
·AltirasPay does not set, hold or release reserves, and does not control when you are funded.
Classification and registration
·Your merchant category code is assigned by the Provider based on your actual business, not chosen by you or by us.
·Some categories require registration with the card networks, which the Provider performs and may charge for.
·Non-face-to-face pharmaceutical and certain other categories carry additional network registration and monitoring requirements.
Accounts can be terminated
·A Provider may suspend or close an account for excessive disputes, fraud, undisclosed activity, a change in its own appetite, or a change in network rules.
·Being approved once does not mean being approved permanently. Material changes to your business must be disclosed as they happen.
