Get FREE Quote

Account Holding Member

What is an account holding member?

An account holding member is someone who has full rights to his or her merchant account. All access is owned by the member who holds the account, verified by the signed contract between the financial institution and the account holding member when the account is set up. This enables the member to conduct transactions, manage all credit card processing, debits, credits and electronic transactions. In fact, the majority of financial transactions today are electronic, which is why security measures must be in place to protect the account holder’s private information and data from fraud or identity theft. One way the STAR Network ensures this protection is by giving the account holding member sole access to authentication tokens.

What is an authentication token?

An authentication token, also known as a security token, is a code of data, sometimes in the form of a number or phrase, that only the merchant account holder knows. Similar to debit cards, authentication tokens might have a personal identification number or PIN, depending upon how the account was established. All authentication tokens must be STAR Network approved before use. Once the security code or phrase is set up, the account holding member can use the token to electronically protect all debits, credits, credit card processing and other information. The account will prompt the owner to enter his or her authentication token before conducting a transaction or managing the account. In a digital world where information is vital to the success of one’s business, security measures like this are highly encouraged for every account holding member.

Holding ownership of an account also means that one has the right to modify, add members to, or close the account. Each account is designed to specifically meet the needs of its holders, so the perimeters on one account will vary greatly from the next. Also, each financial institution is different with specific services and benefits offered. To find out more information about becoming an account holding member, what services are offered and how to obtain an authentication token, contact your local financial institution.

GET FREE QUOTE TODAY AND START SAVING


Testimonials

It took me a while to decide who I wanted to settle with to handle all of my credit card transactions because every company wants to make it sound like they're offering you the best rates. CreditCardProcessing.com was able compare and beat all of the other offers I received. They were also able to provide me the fairest price on my EMV-compliant terminal. My sales representative and the support team were there to assist every step of the way. Ultimately, I'm looking forward to a long term relationship with this company.

Roland Tran from the Hong Kong Kitchen

It is a pleasure dealing with these folks. Their pricing is fair, their statements are understandable and their employees are knowledgeable and friendly.

John MacMillian from the Great Lakes Baking Company

The service was very professional, my sales person (Steven B.) was very well versed in the product and most helpful in getting our company set up to accept credit cards via my cell phone. Their rates are some of the lowest on the market and their service is unparalleled. I will recommend them to anyone requiring a credit card processing service.

Michael Harper from Deluxe Auto Body

Jonathan C. is wonderful to work with. He is very helpful, accommodating and resolves any issue quickly. It is hard these days to find someone who gives great customer service, but I can say, Jonathan is the best! I would not hesitate to recommend him to any business owner and to assist you in helping to grow your business.

Linda Garner from Regali Da Forno

I called indecisive about getting a device, but speaking to your Sales Consultant completely settled me. He was very professional, knowledgeable and patiently walked me through the process. He always responded to my voicemails and answered all my questions. After I received my merchandise, he called following up to ensure that I had received it. Customer service I would say is 5 stars. Stellar! Thanks Credit Card Processing, I will definitely recommend you.

Sarah Morgan from Vision International Ministries
Call Us Today!

© 2017 CreditCardProcessing.com. All rights reserved. Privacy Policy
CREDITCARDPROCESSING.COM, LLC is a registered ISO of Wells Fargo Bank, N.A. Concord, CA

*Further terms and conditions may apply. Promotion contingent upon CreditCardProcessing.com's receipt of written competing offer(s).

**Certain restrictions may apply.

Promotional offers brought to you by CreditCardProcessing.com.

EMV™ is a registered trademark of EMVco, LLC. Apple, the Apple logo, iPhone and Apple Pay are trademarks of Apple, Inc., registered in the U.S. and other countries. Android™ is a trademark of Google, Inc.

Call for details.