Ask YC: Merchant account without any credit?

2 pointsbazookaaa2 comments

Hi YC, I need some help with finding a merchant account. I just turned 18 and do not have any credit. I've been rejected by PayPal's Website Payments Pro and two of Authorize.net's merchant account affiliates. I don't have anyone to be a co-signer.

Is there any merchant account provider that you guys know of that would have no problem taking my money? It would be very much appreciated.

View on HN

There are merchant account providers that specialize in industries with high fraud that would probably be happy to have your business but they take between 10 and 15%.

Have you had a checking/savings account for a while? Ask your local bank about opening a merchant account. In the meanwhile, sign up for a credit card and start using it and paying it off and a year from now your credit should be good to not have to worry about something like this.

What's wrong with Paypal's Website Payment Standard?

Reply on news.ycombinator.com