What Is a Merchant Account Provider?

Answer A merchant account provider is a financial institution that hosts financial accounts for businesses to allow them to collect money from their customers by either debit or credit card transactions.S... Read More »

Top Q&A For: What Is a Merchant Account Provider

Can a merchant account provider send the money back to a buyer if they already processed it?

A merchant account provider must follow certain rules in regards to processed transactions. Besides refunding monies as requested by a merchant or monies processed in error, credit card processors ... Read More »

What is a merchant account?

A merchant account is a type of business service that allows companies to accept credit and debit cards from customers. A merchant account is offered by the business' bank or third-party companies ... Read More »

Is PayPal a merchant account?

PayPal offers a variety of business and personal accounts. PayPal offers a business account called Website Payment Pro that is a merchant account. This service allows you to process debit cards and... Read More »

What Are Merchant Account Fees?

The shift in the economic climate has led to more and more business owners needing to accept electronic forms of payment such as credit and debit cards. Acceptance of cards has both benefits and dr... Read More »