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Merchant Account

I am trying to apply for a merchant account in order to take credit card and debit card payments over the phone and on the internet.
The problem is with my bad credit history, I can not even open a business bank account let alone a merchant account
I do not want to apply for a loan or overdraft.
Just a simple bank account cash only and a merchant account. Any advise on my options?
Tried paymentsense, got rejected.
Tried paypal, got rejected

Comments

  • Ineedaname
    Ineedaname Posts: 3,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I wouldn't try again for a few months as the more searches appear on your credit record the more failures you'll have.

    I see you've already asked this question on the Budgeting and Bank Accounts board. I think you'll get more help there as we generally deal with Bankruptcy issues on this board.
    When I joined, I needed a name. The forum members gave one to me...I am INAN :D
    "Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt
  • kepar
    kepar Posts: 1,297 Forumite
    You say paypal rejected you. Did you apply directly? Have you got an ebay account ? If not open one and then apply to paypal for account through that account.
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