4 Reasons Your Merchant Account Application Was Declined

Published: Aug. 19, 2021, 5 a.m.

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When you\'re operating an online business, you want to have the ability to accept debit and credit card payments. So you\\u2019re going to need a reliable payment solution. In previous episodes, you\\u2019ve heard Maria talk about third-party processors like Stripe, PayPal, and ClickBank vs. merchant accounts and which is the best option. It\'s also a good idea to have a backup merchant account, even if you\'re already using Stripe or PayPal, to safeguard your business in the event that one of your other accounts gets suspended. 

Getting a merchant account can be tricky, especially if it\\u2019s your first time. Payment processors use a variety of criteria to determine whether to approve a merchant account or not. So tune in to this episode to learn how to navigate the merchant account application process and increase your chances of getting approved.


\\u201cGetting a merchant account should not be painful. If you do it correctly, you can get through it quickly. \\u201d 

- Maria Sparagis


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