Ecard Corporation, home of Ecard Cash Advances, Merchant services, credit card processing and the Ecard Discount Card.

Merchant Services

We offer a wide range of merchant services to fit the needs of any company, any industry or any volume. eCARD provides credit card processing services to retail, wholesale, mail / phone order, commercial and e-commerce businesses.

With eCARD you will be able to accept:

All Major Credit Cards
Checks
VIP Cards
Smart Cards
All major ATM card networks nationwide

Key Points about Credit Card Processing with eCARD

95% approval rate for new merchant accounts
Approvals within 48 hrs.
Simple application process
Some businesses may qualify for free equipment
Very competitive pricing

Did you know? According to banking experts nationwide, retail indicators are showing more and more consumers are choosing to shop with their credit and debit cards over cash. Experts say that todays’ consumers prefer the safety and security of their credit and debit cards over the risk of loosing their cash and over spending.

Some other interesting credit card statistics, as taken from the cardratings.com database:

Credit card companies mailed a record $6 Billion in mail solicitations in 2005 alone to US households. That comes to around 20 per every one of 30 million Americans in the US.
The response rate for above was 0.2% to 0.3% in 2005
Around 640 million credit cards are in circulation in the United States with about $750 Billion and $800 Billion in credit card balances based upon Federal Reserve figures.
From 1996 to 2005, the total number of bank credit cards increased 46%. (Card Industry Directory 2006, Chapter
Around 60% of credit cards had some type of rewards feature built into it (per 2004 Comperemedia info)
Credit card companies made $43 Billion in fee income from late payment, over-limit, and balance transfer fees in 2004
According to the October 11, 2006 Government Accountability Office (“GAO”) report, late payment fees averaged $34 in 2005 which is a spike of 115% from $13 in 1995.
After buying MBA, Bank of America is the nation’s largest issuer of credit cards with nearly $166 Billion in receivables. This is followed by Chase ($138B) and Citi ($136B).
According to industry statistics, there were 1.3 Billion credit cards in circulation in the US in 2004.
Credit card usage grows with 14% Americans holding more than 10 cards per Experian. That’s around 1 in 7 Americans. This is up from 10% in 2004.
The average American has four credit cards; up from 3.2 cards in 2004
The average American has access to approximately $19,000 in all credit cards combined (per Fico).
On average, 39% of Americans pay their credit cards off in full each month in 2004. This means, that on average, around 60% carry a credit card balance.

What does all of this mean for your business?

It means that credit cards are not only here to stay, but are being used more often and by more people. By accepting credit cards, you are opening an avenue of income that was previously untapped. By working with eCARD on your credit card processing, you will get the best rates, the best customer service and a team dedicated to your business.