I recently applied for numerous merchant accounts. I was approved for 3 of them and was left with 3 working merchant accounts. I run one website and only wanted 2. If in furture, I try to apply again, will cancelling the initial account effect any decisions on my second application?
If it was for the same business name, then yes it might. If it s for a different business name, then no it should not.
why would you need more than one merchant acct, ever? - there are minimum monthly fees on each account so you are paying those twice for no reason
