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Sovereign Bank
Banking: Business Checking, Business Cash Management, Business Online ServicesCredit: Lines of Credit and Loans, American Express Business Cards, Vehicle Lease and Finance, Equipment Leasing and FinanceInsurance: Small Business Insurance, Life Insurance, Term Life Insurance, Long Term Care Insurance, Disability InsuranceInvestments: Investment Accounts, Employee Pension PlanInternational Trade: Import Trade Services, Export Trade Services, Trade Finance, Foreign Exchange, Online Services, ResourcesPlanning: Starting a Business, Expanding Your Business, Health Savings Account Employer Program, Health Savings Account Broker Program
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Credit Services
Credit Services
Once approved, you can accept all major credit cards, including American Express® Diners Club, Discover® Network, Visa®, and Mastercard®.
Benefits
  • Increase Sales—Higher average tickets than cash or checks. Consumers tend to spend more with plastic and are not limited to the cash that is in their pocket.
  • Remain Competitive—Keeps businesses competitive by giving customers multiple payment options
  • More than 9 out of 10 quick service restaurants (93%) accept credit cards*
  • Fewer Lost Sales—Customers who do not have a lot of cash will often pass on restaurants that do not accept cards
  • Streamlines Back Office Operations—Provides a monthly summary of customer spending
* 2006 Restaurant Industry Forecast National Restaurant Association, March 2006
Access Your Accounts
Next Steps
Call 877.768.1145 to speak with a Business Customer Contact Center Representative and apply for a Payment Processing Account
Send an email and we will contact you within 24 hours
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