Can i get a startup merchant account

Merchant Services Q&ACategory: Payment ProcessingCan i get a startup merchant account
Bankim Chandra Staff asked 8 months ago
1 Answers
Bankim Chandra Staff answered 8 months ago

Yes why not.
Having said that it must be noted that In some industries startups face real challenges . Specially in industries like Travel and Remittances. For merchants operating in these industries if they have good business bank statements where they can justify substantial monthly sales volume then PSPs may say yes. Along with that startups must have all the KYC docs and relevant licences in place.