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I need to open a merchant account to work with authorize.net. I am looking for one that is US based and will accept a reverse auction type of website. My original plan was to go with cdgcommerce but I don't think they will accept me.

Any recomendations?

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Please explain why they won't accept you, otherwise it's hard to say which provider would be OK with whatever that issue is. – Jason Oct 5 '10 at 19:02
I will look at your question, once your acceptance rate goes up. – David May 24 '11 at 21:49

2 Answers

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If you have never had a merchant account, and are based in the US, start with your bank. You should have had a business account with them for over a year, and your rates will be higher through your bank than you can get on your own. But it's a starting point. Once you have had a merchant account for over a year you can shop around for better deals.

Merchant accounts are like credit cards. Getting the first one is difficult. Once you have "merchant credit" getting another is easy.

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I've used 2checkout.com which I didn't like very much because they kept 5-10% of your funds in case of refund. I've also used regnow.com which is for software, not the greatest either for multiple reasons.

I agree with Gary E, go with the banks as your relationship with them will go farther then with a nameless merchant.

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