Actually signing up for an internet or retail merchant account is very easy and quick to do. In the past it was more difficult, However now almost anyone can get a merchant account.
Most merchant services providers don't even require to have a registered business anymore, any one can sign up under their own name as a sole proprietor.
Basically if you meet the fallowing requirements, your approved:
- Must be a US Citizen
- Must have a Valid U.S. Bank Account
- Must be 18 years of age.
You have a better chance of obtaining a merchant account than you do a credit card. For example our company approves nearly 99.6% of all merchants who sign up. The only merchants who don't get approved are merchants who are in a high risk business or have been terminated by Visa/MC.
__________________ Merchant Accounts Internet Discount Rate: 1.79%
Retail Discount Rate: 1.29% |