UMass Boston

Merchant Accounts

To set up a new merchant account, please review and follow university PCI DSS policies and standards and reach out to Campus.Banking@umb.edu for approval.

Any department desiring to accept debit/credit card payments must obtain written approval from their campus eCommerce representative and must provide all required New Merchant documentation. The merchant is responsible for all bank fees associated with opening and maintaining a merchant ID, the cost of any equipment and supplies necessary to process transactions, and for all expenses associated with proving and maintaining compliance.

Steps for setting up merchant accounts are as follows:

  1. Review checklist
  2. Request for Merchant ID
  3. Confirming GL Revenue
  4. Review Associated costs with credit card payments
  5. Review Chargeback Processing
  6. Ordering Point of Sale terminal (if needed)