How can I get a Merchant Bank Account with a bad credit rating?
A bounced cheque only shouldn’t give you a bad credit rating. Did you have a look at your credit report? You can get them for free from different credit bureaus. Depending on where you are, I’d try these two companies to get a merchant account: Canada: www.cardsolveprovincial.com US: www.iso4chase.com Trying it with different companies to get a merchant account might help, you can probably get an account somewhere, some merchant account companies do give higher risk accounts as well, though their rates are high! What type of business is it that you have? That always have an impact on whether you can get a merchant account or not. In US, you can also try North American Bankcard, I hear they have low rates and in Canada, there is always Moneris. Good Luck!
