Why does the merchant services application ask for my average sale and average monthly sales volume? What if I don't know them?

Synopsis
You would like to know what the average sale and average monthly sales volume numbers are.

Solution
These numbers are important to the merchant services underwriting department, as they are granting your organization a line of credit up to this amount. If your organization suddenly sees a large jump in these amounts, it could be due to the fraudulent use of credit cards and the credit card underwriter is at risk of charge-backs, fees, and fines associated with these types of transactions.

Please attempt to accurately assess your average monthly sales volume (online registrations or donations for non-profits) and be prepared with these figures when submitting your application. If you are not certain as to what these may be given an upcoming fundraising campaign, please assess what your projected totals are. These figures may be changed at a later time by contacting us.

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