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Merchant Login
Sales: (561) 469-0689
Support: (561) 513-8778
Fax: (561) 291-6929
Support Ticket
Sign Up

Home
About Us
Merchant Services
Services
Partners
Contact Us
- Contact Sales
- Open Support Ticket

Merchant Ownership Change

Section 1: Identification

Merchant Name

Merchant Number

Your Name(Required)

First Last

Your Email Address(Required)

Your Phone(Required)

Are you the owner/principal signer on this merchant account?(Required)

Yes

If you are not the owner and principal signer on this merchant account, please have the owner/principal signer contact support@ippay.com regarding this change of ownership.

Section 2a: Application

Check all of the following that apply:(Required)

The merchant account I am purchasing will operate with a different DBA than my primary merchant Account

I will need a separate deposit or plan to use a different bank account for the merchant account I am purchasing

I will need a descriptor on my customers cardholder statements that is not the same as primary merchant account

I intend to accept the majority of my card payments differently on this new account than I do on the main merchant account. For example, my main account is primarily Card Not Present but the account I am purchasing will primarily accept in-person card present transactions.

None of the above apply

If you have checked any of the above, you will need a new merchant application. Normal application fees will apply.

Section 2b: Application

Check all of the following that apply:(Required)

The merchant account I am purchasing will operate with a different FEIN than my primary merchant account

The merchant account I am purchasing will operate with a different Legal name than my primary merchant account

Neither of the above apply

If you have checked either of the above boxes, you are not eligible for an additional outlet of your primary merchant account. You will be supplied with a full merchant application by your Sales Representative. **If you will be required to fill out a new merchant application or additional outlet form, you may skip the remainder of this document and certify that your answers are correct below**

You are eligible for an additional outlet of your primary merchant account. You will be supplied with an additional outlet application by your Sales Representative:

Section 3: Transfer of Tokens

Are you purchasing the entire customer portfolio from the selling merchant or only a subset of their customers?(Required)

Subset

All

Do you require a transfer of Credit Card Customers, eCheck customers or both?(Required)

Credit Card

eCheck

Both

If you are only purchasing a subset of the customers, IPpay will need to be supplied with a list of the customers to be transferred, including their IPpay tokens.

To my knowledge, the merchant account of the seller should be closed:(Required)

True

False

Uncertain

Do you intend to absorb the customers you are purchasing under your primary Terminal ID or will you need an additional Terminal ID under which to process the new set of customers?(Required)

Will use primary Terminal ID

Will need a new Terminal ID

Terminal ID(Required)

If you intend to use your primary Terminal ID to process the customers you are acquiring, please supply that value here:

Confirmation

I acknowledge and accept the $499 engineering fee that will be assessed to retokenize the customers you will be purchasing. I understand the tokenized customer list will not be shared with me until the payment has cleared.

Last 4 digits of checking account on file with IPpay:

Section 4: Risk

Please describe how you intend to make your new customers familiar with your company name, to alleviate customer confusion and mitigate potential ChargeBack risk::(Required)

Please Certify Above Information:

Certify Information(Required)

I hereby certify that the above information is true and correct. I understand that falsifying legal documents is a crime and is punishable by law.

Name(Required)

First Last

Job Title/Position(Required)

Signature(Required)

LEGAL

IPpay LLC is a registered ISO/MSP of: FFB Bank: 7690 N Palm Avenue, Fresno, CA 93711, Westamerica Bank, 3750 Westwind Blvd., Ste 210, Santa Rosa, CA 95403; BMO Harris Bank, N.A. 150 N. Martingale Rd, Ste 900, Schaumburg, IL 60173.