I have a customer who has disclosed his need for assistance with a merchant account because he has bad credit. I know that PlugNPay will take just about anybody but do you know of any other options?

Thanks!

LH

Depends on what country the client is in. A lot of processors will accept your client because they understand that bad personal credit might not mean how a person does business.

He's in the US. He's already been turned down by 2 Authorize.net providers. Any ideas?

LH

Well when you say authorizenet.com providers - is that just the gateway or merchant account as well? Most will look at what he is selling, his terms of service, yet.

Sorry for the wait. He's been turned down by 2 merchant account providers, both using authorize.net as the gateway.

What other options does he have besides PayPal and PlugNPay?

LH

Charge.com will take just about anyone, although the fees can be pretty high for low volume merchants.

charge.com is actually a reseller for Cardservice. Contact other CSI agents to give you a better discount rate this month actually

Cardservice accept anybody - Good Credit, Bad Credit, No credit, International Business :)

Well almost everyone :) but they do have a reputation of being more lax than most

Bad credit is usually not a factor that will result in a decline with most modern processors these days.

However, the tricky part comes into play if the merchant has bad credit AND has a high risk product or wants a large ticket size or monthly volume without any financials to support it.

So it is really more of a question than just credit alone.

ok. I'm going through all the suggestions and I'm going to call a few tomorrow. I've been busy so its on my major things to do list for tomorrow.

Thanks All!

LH

another good processor for people with questionable credit is usaepay. I just set up an acount with humboldt credit services. they are a usaepay reseller.

Sean

2checkout.com
(sorry appaarently as a new member I cant post urls yet.)

Stumbled across this the other day high percentage middle man.

but will deposit in to personal account it seems and is a member of the BBBonline. might be worth looking into.

Actually 2Checkout is not a merchant account processor, it is similar to a third party processor. They pay out usually every 2 weeks depending on your volume. A merchant account, you usually get your money in a couple of days

Exactly.

He suggested he was looking for an alternative due to bad credit.