To process EFT/ACH through Spark, you'll need an account with Vericheck. Here is the necessary documentation to get the process in motion, as well as general information concerning rates and fees:
PITBULL – SPARK Software VCI Customers
VCI provides solutions that make the process of billing your customers efficient, secure, and simple! All while saving you time, money, and long trips to the bank.
VCI PRODUCT BENEFITS THROUGH SPARK MEMBERSHIP
VCI TRANSACTION PROCESS
PRICING DETAIL
$ .40 Per Transaction
.95% Base Discount Rate
.29% High Ticket Base Discount Rate
$ .15 Settlement Fee
$ .10 Account Validation Transaction Fee
$ 1.50 Standard Return Fee
$ 15.00 Monthly Statement Fee
$ 15.00 Monthly Minimum Fee
$ 40.00 One-Time Set-up Fee
$ 25.00 Unauthorized Return Fee (Ex. Stopped Payments that the customer deemed unauthorized)
$ 50.00 Annual Fee
VCI APPLICATION BOARDING INSTRUCTIONS
The above items must all be submitted to get your application approved with VCI. Please send all paperwork to: APPLICATIONS@VERICHECK.COM
Note on Page 2 of the Application you will be asked the processing parameters on your account. Please make sure these numbers are in line with your EFT/ACH Processing. If your High-Ticket Volume is larger than $1500, or your Monthly Transaction Amount is larger than $24,950, you will need to provide 3 Months of your most recent Bank Statements.
Once your ACH Merchant Account has been approved and boarded with VCI, your Spark Support Team will reach out to you to make sure you are ready to process your first transaction!
PITBULL – SPARK Software VCI Customers
VCI provides solutions that make the process of billing your customers efficient, secure, and simple! All while saving you time, money, and long trips to the bank.
VCI PRODUCT BENEFITS THROUGH SPARK MEMBERSHIP
VCI TRANSACTION PROCESS
PRICING DETAIL
$ .40 Per Transaction
.95% Base Discount Rate
.29% High Ticket Base Discount Rate
$ .15 Settlement Fee
$ 1.50 Standard Return Fee
$ 15.00 Monthly Statement Fee
$ 15.00 Monthly Minimum Fee
$ 40.00 One-Time Set-up Fee
$ 25.00 Unauthorized Return Fee (Ex. Stopped Payments that the customer deemed unauthorized)
VCI APPLICATION BOARDING INSTRUCTIONS
The above items must all be submitted to get your application approved with VCI. Please send all paperwork to: APPLICATIONS@VERICHECK.COM
Note on Page 2 of the Application you will be asked the processing parameters on your account. Please make sure these numbers are in line with your EFT/ACH Processing. If your High-Ticket Volume is larger than $1500, or your Monthly Transaction Amount is larger than $24,950, you will need to provide 3 Months of your most recent Bank Statements.
Once your ACH Merchant Account has been approved and boarded with VCI, your Spark Support Team will reach out to you to make sure you are ready to process your first transaction!
PITBULL – SPARK Software VCI Customers
VCI provides solutions that make the process of billing your customers efficient, secure, and simple! All while saving you time, money, and long trips to the bank.
VCI PRODUCT BENEFITS THROUGH SPARK MEMBERSHIP
VCI TRANSACTION PROCESS
PRICING DETAIL
$ .40 Per Transaction
.95% Base Discount Rate
.29% High Ticket Base Discount Rate
$ .15 Settlement Fee
$ 1.50 Standard Return Fee
$ 15.00 Monthly Statement Fee
$ 15.00 Monthly Minimum Fee
$ 40.00 One-Time Set-up Fee
$ 25.00 Unauthorized Return Fee (Ex. Stopped Payments that the customer deemed unauthorized)
VCI APPLICATION BOARDING INSTRUCTIONS
The above items must all be submitted to get your application approved with VCI. Please send all paperwork to: APPLICATIONS@VERICHECK.COM
Note on Page 2 of the Application you will be asked the processing parameters on your account. Please make sure these numbers are in line with your EFT/ACH Processing. If your High-Ticket Volume is larger than $1500, or your Monthly Transaction Amount is larger than $24,950, you will need to provide 3 Months of your most recent Bank Statements.
Once your ACH Merchant Account has been approved and boarded with VCI, your Spark Support Team will reach out to you to make sure you are ready to process your first transaction!