How hard is it to get a merchant account through yahoo small business via first data?
Posted by admin in Merchant Accounts Wednesday, 2 June 2010 06:20 1 Comment
I am looking to start my own travel agency online, through yahoo small business i need to get a merchant account. Will it hard to get one from first data?
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Virtually impossible. This is because travel agencies themselves are frowned upon due to their high chargeback potential and to make it worse online transactions are the most difficult accounts to get. This means that without providing a hefty deposit, reserve, or letter of credit to First Data it almost certainly isn’t going to happen. Sorry.