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Old 09-22-2004, 10:42 AM  
MattO
The O is for Oohhh
 
Join Date: Feb 2003
Location: AUSTIN TEJAS
Posts: 10,861
Quote:
Originally posted by Theodor S. Geisel
I'm pretty ignorant to the whole Merchant Account thing, except that I know I don't need one if I use a third party processor.

Can anyone get a merchant account as long as they have a couple of hundred dollars to spend, or are there other requirements?

Sorry if I'm off base... if it's not a couple of hundred, then what would be the range?

How much it costs to set up & rates are dependant on your volume, processing history and risk rating. Watch out for people who want a large fee before even handling paperwork. And if it sounds too good to be true, it probably is, especially these days.
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