Merchant accounts in QuickBooks Desktop (QBDT) are subject to approval and eligibility, Rk963. I want to make sure you meet all the requirements and learn what to do if credit card payments get declined when you process them.
The Merchant accounts in QuickBooks Desktop (QBDT) can be declined for several reasons. Here are the reasons why for application was denied:
- Incomplete or inaccurate information provided on the application
- Poor credit history or low credit score
- High-risk industry or business type
- Suspicious or fraudulent activity detected
- Insufficient funds or financial instability
- Previous merchant account terminations or chargebacks
- Failure to meet compliance or regulatory requirements.
To resolve a denied merchant application, follow these:
- Determine if you're is eligible for a re-review based on the criteria listed in the knowledge base.
- If eligible, reapply with accurate and complete information.
- If additional information or documentation is required, ensure to follows the instructions provided in the email they received.
Lastly, if the application is still denied after reapplying, I suggest seeking alternative payment processing options.
If you need further assistance managing your payments account, you can contact our support team in this page: Contact Payments Support.
You'll want to view this agreements and legal documents that are applicable to your use of one or more Intuit payment processing or merchant services, see this: Intuit QuickBooks Payments.
Furthermore, did you also know that there are particular account types available for depositing payments from customers? I've included this article that can provide you with more information about the process of making a deposit: Change the deposit bank account for QuickBooks Payments.
You are still welcome to post your concerns about signing up for payment accounts and processing invoices. You can write it down in the comment section. Please take care always.
