A merchant account is a specialized account provided by an acquiring bank or other financial institution to enable real time credit card processing for both retail and online merchants A merchant gives you the ability to accept credit cards from your customers and validate their identification at the same time.
Most times, merchant accounts have a contract with the acquiring bank. The agreement sets the the rights and responsibilities of both the parties. So, are you ready to offer your customers a secure, convenient payment method? Looking to save time and money by automating transactions?