FAQ
Asked Us If You Have Any Question?
Business Line of Credit & Loans
What are the minimum requirements to qualify for a business line of credit up to $500,000?
• How fast can my business access funding—can I really get approved in 24 hours?
• What’s the difference between a line of credit, business loan, and invoice factoring?
• Is collateral required, or are unsecured options available?
• Are there any application or prepayment penalties?
High-Risk & High-Volume Merchants
Can eData approve merchants in high-risk or high-volume industries?
• Which industries qualify as high risk (e.g., CBD, adult, crypto)?
• What global banks and payment partners are available?
• How competitive are the rates for high-risk and international merchants?
• How quickly can a high-risk account be approved and funded?
Ecommerce & Payment Gateway
Which shopping carts and ecommerce platforms integrate with eDataPay?
• Can I accept global payments and multiple currencies online?
• Do you support mobile and recurring billing for online businesses?
• What security and fraud prevention features are included?
• Is developer support available for custom payment gateway integration?
Merchant Services, POS & Free Terminals
What types of businesses qualify for a free POS terminal or cash discount program?
• How does a cash discount program help me save on processing fees?
• Is there any upfront or monthly fee to get started with eData’s merchant services?
• How soon can I start accepting payments after signing up?
• What payment methods and cards are supported by the terminal?
