You definitely can use two merchant accounts for one business. Some businesses who have difficulty getting a high enough limit on their merchant account do this very thing in order to process successfully for the entire month.The one think you can t do is use one merchant account for two businesses. That s called factoring and is VERY bad. But you re not doing that so you re ok. :)
Saturday, December 2, 2006
Using 2 merchant accounts for 1 business? -
I am wondering if I will be able to use 2 different merchant accounts for one particular business. Both merchant accounts we opened specifically for this business. They are with different companies. I am wondering if we will be able to use both merchant accounts for the same business?
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