February 13, 2009
Is a business checking account required in opening a merchant account?
cassy asked:
Kinda in the dark here, I’m actually applying for a job in a bank. Think am gonna be asked questions about merchant accounts. Any ideas would really matter. Need to finally get out of the house since I quit my last job 2 months ago. Thanks!
Kinda in the dark here, I’m actually applying for a job in a bank. Think am gonna be asked questions about merchant accounts. Any ideas would really matter. Need to finally get out of the house since I quit my last job 2 months ago. Thanks!
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Comments on Is a business checking account required in opening a merchant account?
You do not need a business checking account in order to accept credit cards if the business is a sole proprietorship.
If a business is registered as an LLC or Corporation, then a business checking account is required.
visit:
for more information.
Actually, it depends on the merchant account provider. They require this depending on the type, size, and extent of your business.
Hope you’ll get that job!