Can Anyone and Everyone Sign Up to Accept Credit Cards or Are There Any Obstacles?
Yes, there are obstacles. Below is a general list of things that will prevent you from accepting cards:
- Selling a product or service that is illegal
- Selling a product or service that is considered a high risk for consumer dispute or fraud
- A current Personal or Business Bankruptcy proceeding
- Violating PCI Regulations
- Violating your Merchant Service Provider’s regulations
- Excessively Poor Personal or Business Credit