ANYPAY merchant application cover letter

Business Name

ANYPAY user name (email address) (if any)


We are applying for (check all that apply)
ACH (US Electronic Funds Transfer) processing
Credit card processing


Usage of payment services (check one)
We plan to use the payment services only in conjunction with ANYPAY: ACH files will be created by ANYPAY, ACH debit authorisation form will be provided by ANYPAY, credit card transactions will be transmitted thru ANYPAY.
We plan to use the payment services applied for in conjunction with ANYPAY as well as independently from ANYPAY. We will provide our own ACH authorisation forms. We agree to be charged additional file/batch certification and other signup fees where applicable.

We plan to use the payment services applied for only independently from ANYPAY. We will provide our own ACH authorisation forms. We agree to be charged additional file/batch certification and other signup fees where applicable.

ANYPAY verification preference (check one)
We plan to accept ACH debit payments only from bank accounts that are verified thru their ANYPAY users. (Recommended)
We plan to accept ACH debit payments also from bank accounts that are not verified thru their ANYPAY users. We are aware of the potential fraud risks but don't expect any significant amount of fraud here. (Not acceptable for merchants selling virtual products.)

ACH High Risk handling (check one)
We do not consider ourselves HIGH RISK and will not accept the ACH discount fee. Should we be rated HIGH RISK by the underwriters and be required to pay the ACH discount fee, we will prefer not to proceed with the ACH application.
We consider ourselves HIGH RISK and agree to be charged the ACH discount fee as stated in the enclosed application.

We leave it up to the underwriters to consider us HIGH RISK and will agree to be charged the ACH discount fee as stated in the application if necessary. Should we not be rated HIGH RISK so that the ACH discount fee is not required, we expect the underwriter to zero (= .00%) this fee inside the enclosed application.

Security Deposit
If required, we are willing and able to provide a cash security deposit of no more than the below amount:
US Dollars.

Comments to underwriter