Merchant Accounts

Categories: Business | Finance | Ecommerce
    • Methods: Allows you to process credit and debit cards through a swipe machine, online or by phone.
    • Gateway: Payment gateways are used online as a virtual "swipe machine" for credit cards.
  • Merchant accounts are a special type of business bank account that allows a business to process credit and debit card transactions.

    Merchant accounts are managed by banks called Merchant Banks and the services they offer are referred to as Merchant Services.

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