Terms of Use

What Mainstay Payments is

Mainstay Payments is a sales agent. We introduce businesses to card processing programs offered by sponsoring banks and processing partners, and we are compensated by those partners when a merchant account is opened and stays open.

Mainstay Payments is not a bank, not a processor, not an acquirer, and not a registered ISO. We do not underwrite merchant accounts, we do not hold merchant funds, and we do not set interchange. Merchant accounts are approved or declined by the sponsoring bank and processor on their own criteria.

Nothing here is an offer

Rates, savings examples, and program descriptions on this site are illustrative. They are not a quote, a guarantee of approval, or a contract. Actual pricing depends on your business type, volume, average ticket, risk profile, and the terms of the specific partner program, and is set out in the documents you receive before you sign anything.

The savings calculator on this site uses the two numbers you enter. It is an arithmetic estimate based on your stated rate, not a quote. We confirm real numbers against your actual processing statement.

Program legality

Cash discount and dual pricing programs are permitted in Illinois. Rules vary by state and change over time. If you operate outside Illinois, program availability depends on the law where your business is located, and we will say so before you sign anything.

Site content

You may read and print these pages. You may not copy the text or design for commercial use without written permission. Trademarks and logos belong to their owners.

No warranty, limitation of liability

This site is provided as is. We make no warranty that it will be uninterrupted or error free. To the extent permitted by law, Mainstay Payments is not liable for indirect or consequential damages arising from use of this site.

Governing law

These terms are governed by the laws of the State of Illinois. Disputes are subject to the courts of Cook County, Illinois.

Contact

Mainstay Payments, Park Ridge, Illinois. Email [email protected].