What is a merchant account - Delhi

A merchant account is a type of bank account that enables businesses to accept and process electronic payment transactions, such as credit and debit card payments. It acts as an intermediary between a business, its customers, and the payment processor, ensuring that funds from sales are securely transferred into the business's bank account. Merchant accounts are essential for both online and in-store transactions, offering features like fraud protection, recurring billing, and multi-currency support. By providing a secure and efficient way to handle payments, merchant accounts help businesses improve cash flow, enhance customer experience, and expand their payment options.