What is Required for a Merchant Account

When you are applying for a merchant account there is a lot of information that you need in order to complete the paperwork and obtain your merchant account.

• Business Checking Account or if a Sole Proprietorship a personal checking account
  
• Copy of a voided check
  
• Articles of Incorporation or business/reseller's license, this is good to show underwriting that you have a legitimate business
  
• Copy of your refund or return policy
  
• Trade References
  
• Copy of your most recent tax returns, this may be needed depending upon your type of business and monthly volume
  
• Copy of your drivers license
  

The above list is what most merchants need to establish a merchant account; some may vary depending on the processing bank.