You must be ingood standingat the really the very least if you desire a routine orlow-riskmerchant account, especially if you require ahigh-risk seller account. Various other factors enter play when going over your application, like previousprocessing historyand co-signers. Learn which fees include accepting bank card as a kind of ... Personal bankruptcy-- If you are in active bankruptcy a processor will likely decrease your application.
Is Square a merchant account?
With all these services available, it's easy to think of your Square account as a merchant account. However, that's not really the case. Square is a payment service provider (PSP), meaning that it can process your credit card transactions, but doesn't provide you best merchant accounts for ecommerce with a true, full-service merchant account.
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