Comments on: What are the requirements for applying for a merchant account? http://findyourmerchantaccount.com/71 The Best Merchant Account Reviewed Sat, 24 Jul 2010 14:09:35 +0000 hourly 1 By: cassy http://findyourmerchantaccount.com/71#comment-77 cassy Fri, 20 Feb 2009 10:22:26 +0000 http://findyourmerchantaccount.com/71#comment-77 Well, first of all, your business must have a registered Doing Business As (DBA) , your driver's license, your business license, a clean voided check, at least your 3 last recent monthly processing and bank statements, your tax returns for the last two years (optional), your business phone number or your phone number, if you already have a website, you need to print a black and white copy of the website. Well, first of all, your business must have a registered Doing Business As (DBA) , your driver’s license, your business license, a clean voided check, at least your 3 last recent monthly processing and bank statements, your tax returns for the last two years (optional), your business phone number or your phone number, if you already have a website, you need to print a black and white copy of the website.

]]> By: stymiee73 http://findyourmerchantaccount.com/71#comment-76 stymiee73 Thu, 19 Feb 2009 12:34:02 +0000 http://findyourmerchantaccount.com/71#comment-76 (The following applies to a US based merchant account only) 1) You must have a registered business You can't open a merchant account for personal use. It must be for a business and you must verify that business with your merchant account provider. 2) You must be located in the US Your business address must be in the US. Your company may be overseas but you must have an official US presence and address. 3) You must have a US based checking account. The bank your account is with must be a US bank 4) You must provide some kind of guarantee to the bank that will protect them from losses. This usually requires a personal guarantee from the company's owner, and thus they must be a US citizen so a credit check can be done on them. Other options include providing a letter of credit, leaving a reserve, or signing a corporate resolution and providing financial statements to show the financial strength of the company. (The following applies to a US based merchant account only)

1) You must have a registered business

You can’t open a merchant account for personal use. It must be for a business and you must verify that business with your merchant account provider.

2) You must be located in the US

Your business address must be in the US. Your company may be overseas but you must have an official US presence and address.

3) You must have a US based checking account.

The bank your account is with must be a US bank

4) You must provide some kind of guarantee to the bank that will protect them from losses.

This usually requires a personal guarantee from the company’s owner, and thus they must be a US citizen so a credit check can be done on them. Other options include providing a letter of credit, leaving a reserve, or signing a corporate resolution and providing financial statements to show the financial strength of the company.

]]> By: ssmith926 http://findyourmerchantaccount.com/71#comment-75 ssmith926 Wed, 18 Feb 2009 10:49:54 +0000 http://findyourmerchantaccount.com/71#comment-75 Looks like spam................. Smells like Spam................... Must be a spam question to fool people in going with your spamming company. Spamming is not allowed on Yahoo Answers! Looks like spam……………..
Smells like Spam……………….
Must be a spam question to fool people in going with your spamming company.

Spamming is not allowed on Yahoo Answers!

]]> By: ninja http://findyourmerchantaccount.com/71#comment-74 ninja Tue, 17 Feb 2009 15:38:12 +0000 http://findyourmerchantaccount.com/71#comment-74 you have to be a merchant. meaning a business owner. you have to be a merchant. meaning a business owner.

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