codeblue - 4:41 am on Jul 28, 2004 (gmt 0)

Thanks for the replies.

I actually set up my corporate account with wells fargo to help facilitate their merchant services, but after meeting with their people they basically said they would not be able set up CC merchant services without 6 months data from a previous merchant, or setup a rather large security deposit against possible chargebacks.

This surprised me as I have perfect credit, an instant download after payment business plan (no shipping) and 20 years experience in the same market as the new e-business. I also keep a low 5 figure balance in my corporate account for the last 6 months.

Of course they claim to really want my business 6 months down the road but I suspect so will every other bank on the planet after I have imperical data as to risk.

Who (north of PayPal) would you guys go with in the interim.

Thanks in advance