I recently applied for numerous merchant accounts. I was approved for 3 of them and was left with 3 working merchant accounts. I run one website and only wanted 2. If in furture, I try to apply again, will cancelling the initial account effect any decisions on my second application?
why would you need more than one merchant acct, ever? – there are minimum monthly fees on each account so you are paying those twice for no reason
If it was for the same business name, then yes it might. If it’s for a different business name, then no it should not.