APPROVED Merchant Account Rejection toronto canada credit processing application declined

Merchant Account Rejection toronto canada credit processing application declined

WE CAN GET YOU APPROVED.
We specialize in hard to get ok's accounts.
Give us a call 416-693-8530

Here in Canada one of the main reasons your Merchant credit card processing application was declined or Rejected in toronto canada is usually Poor personal credit. Active collection on your credit report will tell the bank that you can not be trusted with a Payment Processing merchant account. The trust issue is about fraud or misuse of your with POS terminals in Ontario, Canada. They link a bad / poor credit report with a higher percentage of fraud. As a example credit card processing in toronto can pay you next day in your bank. But there is not a link to delivery of services. You may Accept debit with POS terminals in Ontario, Canada but not provide the services charged for.

This leads to the other reason why your application is denied. Your names is on MATCH (The Member Alert to Control High-Risk (Merchants) File ) This list is controlled by the banks to warn other bank that you have had a chargeBack or dispute with any bank that is unresolved.

Lastly your type of busines is not being loved by the bank. They see more fraud and less profit in your type of company
Here’s a general list of restricted types of services that banks are not good with. There are exceptions. Givev me a call at 416-693-8530

Restricted Items

Sexually explicit intangible services or any pornography (pictures, videos, DVDs, magazines),

Adoption services

Certification Test Exams, Degrees, or diplomas (unless accredited by a recognized authority such as the U.K. BAC, British Council, U.S. CHEA, ASPA, etc.),

Check cashing services
Collection agencies
Companion/escort services
Credit card protection services,
Credit repair services,
Debt consolidation/credit counseling/restoration, financial aid,

Donations or any structure in which the value of the transaction is significantly greater than the value of the goods or services purchased,

e-wallets, e-cash, payment processors, or any merchant aggregation type services;
services using credit card transactions as deposits or credits,

Firearms, ammunition, high capacity magazines, tasers/stun guns, air guns, and other related items, swords, butterfly knives, etc.,

Hazardous materials, combustibles, corrosives

Money making schemes' - i.e. get-paid-for-surveys, home mailing, secret shopper services, etc

Psychic readings or fortune telling,

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