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Opening A Merchant Account ...

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Andy77
Valued Contributor

Opening A Merchant Account ...

 

 

I am going to be opening my own business soon and I will need a merchant account to accept credit cards.

 

I have a 5yr old bk

5 % debt

Credit cards in great standing with BofA and Citi

 

I have also been a Citigold client for 14 years with Citibank

 

If I go to one of those banks to open will I have any issues ?

 

Is my BK going to get in the way ?

 

scores are 685 671 686

 

Message 1 of 4
3 REPLIES 3
Bobbyjohnson
New Contributor

Re: Opening A Merchant Account ...

Look into "STRIPE"

Message 2 of 4
CreditUnionFan
Valued Contributor

Re: Opening A Merchant Account ...


@Andy77 wrote:

 

 

I am going to be opening my own business soon and I will need a merchant account to accept credit cards.

 

I have a 5yr old bk

5 % debt

Credit cards in great standing with BofA and Citi

 

I have also been a Citigold client for 14 years with Citibank

 

If I go to one of those banks to open will I have any issues ?

 

Is my BK going to get in the way ?

 

scores are 685 671 686

 


Dunno on this one. If you have a few contenders for the best offer, give them call(s) and ask them directly.

I would imagine the same place you establish the business' checking account may be a good place to start.

I was going to garden... Honest!
Message 3 of 4
Creditaddict
Legendary Contributor

Re: Opening A Merchant Account ...

you could always go Square if you won't be processing a lot and want a simple POS system.

Message 4 of 4
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