The merchant
account is a form of account at a bank that permits companies to
process and accept payment, which includes credit and debit card transactions. It
functions as a mediator between company, the customer and a payment processor,
providing safe transactions. Merchant accounts are vital for retail and
e-commerce firms, which facilitates seamless payment processing as well as
transfer of funds. The providers charge charges for the processing of
transactions, setting up and upkeep, which vary according to the industry and
risk.
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Ad Detail: Merchant Account
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