How to Apply for Contractor Accelerator Payments

Contractor Accelerator now offers built-in credit card and ACH payment processing through a seamless integration with Propelr and Cardpointe, trusted providers offering low-cost, transparent payment solutions tailored for home service businesses like yours.

This guide walks you through how to apply, what to expect, and how the partnership benefits you.

📍 Where to Apply

To apply for payment processing through Propelr, follow these steps inside your Contractor Accelerator account:

1. Go to Company Profile
2. Click the Integrations tab
3. Select Payments
4. Click Get Started

📝 Fill Out the Application

You’ll complete a short merchant application to begin processing payments through Propelr. This will include your business details, bank account, and authorized signer information.

1. Fill out the form fields
2. Click Next
3. Click Sign & Complete
4. Follow the on-screen prompts

When finished, your Merchant Application Status will update to “Qualifying” (this may take a minute or two).

Click here to learn why credit card companies ask for so much information to become a merchant.

⏳ What Happens Next

Your application will be reviewed within 3–5 business days. A Propelr or Cardpointe payments expert may reach out to confirm your business information during the underwriting phase.

Once you’re approved, Contractor Accelerator will turn on your gateway within 1 busienss day. Then, you can return to the Company Profile to turn the feature on for your team. 

1. Go to Company Profile
2. Click the Integrations tab
3. Select Payments
4. Click Edit

5. Toggle the Enable Payments to on to enable the Pay Now button on invoices and activate the payments page. 

   ***NOTE: Please check your Quickbooks Online integration is not using the Quickbooks Invoice, ACH or Credit Card payments by going to Company Profile, Integrations, Quickbooks and toggling those 3 settings to off. 

6. Toggle the Allow Credit Card Payments to allow customers to pay with a Credit Card
7. Toggle the Allow ACH Bank Transfers to allow customers to pay with their bank routing and account numbers.
8. Set the Convenience Fee you would like your customers to pay on Credit Card transactions. Click here to learn more about convenience fees.
9. Click Save

✅ What Happens After You’re Live

Once enabled, you’ll gain access to fully integrated features:

• Pay Now Button on Invoices
  Customers can pay instantly with pre-filled invoice info
• Branded Hosted Payments Page
  A link you can share by email, text, or website
• Payments Dashboard
  Track payment statuses, funding timelines, and transaction history from the Reporting tab

💵 Payment Terms

• Credit Card Processing: 2.8% + $0.10 per transaction
• ACH (Bank Transfer): $2 per transaction

These rates are exclusive to Contractor Accelerator customers. No hidden Fees. 

🙋 Commonly Asked Questions

Q: Why did Contractor Accelerator choose Propelr and Cardpointe?

A: We selected this partner for their funding speed, low rates, and customer service. 

• Low Rate Guarantee – Wholesale pricing with no hidden fees
• Fast Funding Next day for Credit Card and 3-5 business days for ACH - Faster cash flow
• Ease of Use – Streamlined sign-up, no disruptions
• 24/7 Support – Real help from real people

Q: What is integrated payment processing?

A: We added the ability to accept payments directly within the Contractor Accelerator platform for a streamlined and hassle-free payments experience for you and your customers. 

Q: Why should we switch to your payment solution?

A: An excellent question! When designing our payments offering, the following features were non-negotiable for us:

• Optimized processing rates that keep your processing costs low
• Support for all payment types to accommodate your merchant's payment preferences
• 24/7 payments support to ensure you always have the help you need
• A consolidated experience that allows you to manage your operations and accept customer payments without leaving the Contractor Accelerator platform
• Comprehensive reporting that offers customer and transaction-level details you can use to make better-informed business decisions
• Automated reconciliation for accurate and speedy checkouts

Q: Is my customers’ payment data secure? 

A: Absolutely! Security is our top priority. Cardholder data is protected with a dual layer of security through PCI-certified point-to-point encryption and tokenization.

Q: How quickly will I get the money in my account after a payment is processed?

A: With our next day funding technology, funds are deposited into your bank account the next business day for credit cards and within 5 business days for ACH transactions.

Q: Are your payment terminals PCI compliant?

A: Yes! Our gateway is also PCI compliant — we go through a rigorous PCI-DSS process to review and re-assess our data security measures to ensure we’re offering the highest security standards.

Q: What kind of payments support do you provide?

A: Our partners offer 24/7 support to address any questions or issues you may have.

Q: Can I accept multiple forms of payment? 

A: Yes! We support credit, debit, and ACH transactions.

Q: Are there credit card amount limits, such as high limits, daily limits, or monthly limits?

A: We don’t have limits. We’ll review your transaction averages during our sign up process to ensure you’re all set.

Q: Does Contractor Accelerator have payment metric reports?

A: Yes, Weve built a Payments Dashboard so you dont have to leave the software to get reporting. In addition, the backend offers a variety of transaction and customer-level reports to ensure you have everything you need. 

Q: Who absorbs the risk of processing transactions and handling sensitive cardholder information? 

A: As a dedicated payment processor, Propelr assumes responsibility for losses, fraud, and risk.

Q: Are ACH rates less than credit card rates?

A: Yes, ACH rates are lower than credit card processing rates.

Q: Can you refund ACH payments, or only credit card payments?

A: You can refund both!

Q: How do you ensure cardholder data is secured? 

A: Security is at the forefront of everything they do at Propelr. Cardholder information (including card numbers and PII data) is protected via a powerful combination of tokenization and PCI-certified point-to-point encryption (P2PE). 

• Tokenization is the process of replacing sensitive information with irreversible tokens that are useless to hackers, should a network experience a breach. We store our tokens in a secure, off-site vault, ensuring vulnerable data remains off a business’ system. This protects data in transit and at rest.
• P2PE secures every transaction by encrypting credit card data at the point of sale, through its full life cycle.