How Do You Get Approved For An Internet Merchant Account?
Merchant accounts and online payment processing can be confusing. If you have been declined for a merchant account, or want to learn how to avoid having your application declined, then this article is a must read. The way that you present your business on your application form for a merchant account can have a dramatic effect on your ability to have the application approved. A prerequisite question on all merchant account application forms is gross volume, how much will you process in one month, to which many applicants will provide an artificially inflated number. It is natural to have a positive attitude towards how your business will develop online, and this is especially true for new start up companies, however when answering this question you should choose a low number instead. If you have an established processing history then you will obviously have a pretty good idea as to what your monthly processing volumes will be. If you can honestly say that you do not know how much you wi