Instant Merchant Solution

Newtek Instant Merchant Solution

No more waiting.

The quick, hassle-free way to start taking payments on your websites.

What’s the difference?

Newtek Instant Merchant combines the convenience of payment aggregators, like PayPal or Stripe, with the significant benefits of a real merchant account.

Newtek PayPal Stripe
Instant Approval
Funds are electronically deposited to your bank account next day (if settled before 5pm Eastern Time)
FDIC Insured merchant account
Data Breach Protection Insurance at NO Additional Cost up to a maximum coverage amount of $100,000 (subject to policy terms and conditions).
Client merchant account is with a Financial Institution
Standard Transaction Fees 2.75% + $0.25 per transaction 2.9% + $0.30 per transaction 2.9% + $0.30 per transaction
24/7/365 Live U.S.-based Phone Support

How Developers Win

  • No waiting for your client to acquire a merchant account — you can start the process and give your clients an easy way to sign up and set up a merchant account.
  • Instantly get:
    • Approved
    • Access to the payment gateway sandbox to test taking payments on your site
  • Instantly works on many popular shopping carts.
  • RESTful API and testing sandbox for custom development projects.
  • Earn monetary incentives for signing up your clients.

How Your Business Clients Win

  • Easy, hassle-free way to get a merchant account.
  • A true FDIC-insured merchant account.
  • Funds are electronically deposited to your bank account as soon as the next day.
  • Around the clock, U.S.-based phone support.

How it works

  1. Fill out a short form to get started.
  2. Receive access to the payment gateway sandbox so you can complete integration of the merchant account on your site.
  3. The business owner provides final details, like their bank account number for deposits.
  4. Start processing payments
Newtek Instant Merchant works instantly on the following carts:
Newtek Cart Magento osCommerce OpenCart Pinnacle Cart Cubecart Zen Cart Presta Shop Product Cart Cartweaver 4 C. R. E. Loaded WHMCS
More supported carts coming very soon!
Get Started