4 replies
I signed up for 2CO a few months ago and I didn't make the $49 payment. Later someday on the forum, i found a coupon code to waive that payment and I used it. Even after that, the account was still in demo. I later noticed that they want me to submit some application. I completed the application very vaguely today as they were even asking monthly income (which in IM is never constant :rolleyes so somehow I completed it halfheartedly. The only thing which I filled in with honesty was my legal information. Now I'm thinking they might reject the application so I just wanted to know if others here have had the same situation as well and what was the end result?

I don't know how strict they are in approving these applications but I found their questions to be too inquisitive to give any proper answers. What has been your experience? Are they free when it comes to these "applications"?
#2co #application
  • Profile picture of the author SamJ
    2CO is pretty loose, in my (admittedly limited) experience the application is more designed to cover themselves with the banks/PCI rather than being a real strict vetting process. Basically, you turn out bad/fraudulent and they can pull out your app where you said you had a legitimate business model.

    Fuzzy revenue projections are no big deal, 2CO is an internet company that understands that earnings can be variable.
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    • Profile picture of the author Raindance
      Originally Posted by SamJ View Post

      2CO is pretty loose, in my (admittedly limited) experience the application is more designed to cover themselves with the banks/PCI rather than being a real strict vetting process. Basically, you turn out bad/fraudulent and they can pull out your app where you said you had a legitimate business model.

      Fuzzy revenue projections are no big deal, 2CO is an internet company that understands that earnings can be variable.
      Well they were even asking the url of my website. Which should an IM put if he has a wide array of websites? I put some blog I hadn't been much active on. :confused:
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      Making Money without Websites
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      • Profile picture of the author CyberAlien
        Originally Posted by Raindance View Post

        Well they were even asking the url of my website. Which should an IM put if he has a wide array of websites? I put some blog I hadn't been much active on. :confused:
        I would either add in my corporate site, or go with a website that deals with accepting payments so that they know you are already accepting payments online and are actually interested in using them. However, I really don't think they do too much investigation into it like other companies, it seems to be more for their protection when you look at how they word and structure the application.
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  • Profile picture of the author andrew_writes
    I never had a problem , just filled out the info honestly.

    Originally Posted by Raindance View Post

    I signed up for 2CO a few months ago and I didn't make the $49 payment. Later someday on the forum, i found a coupon code to waive that payment and I used it. Even after that, the account was still in demo. I later noticed that they want me to submit some application. I completed the application very vaguely today as they were even asking monthly income (which in IM is never constant :rolleyes so somehow I completed it halfheartedly. The only thing which I filled in with honesty was my legal information. Now I'm thinking they might reject the application so I just wanted to know if others here have had the same situation as well and what was the end result?

    I don't know how strict they are in approving these applications but I found their questions to be too inquisitive to give any proper answers. What has been your experience? Are they free when it comes to these "applications"?
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