#Merchant bank account
What is Merchant account customer by credit card for small businesses?
Posted on 14 November, 2023 by paymentsclarity
A merchant account is a specific type of bank account that allows businesses to accept and process credit card transactions. For small businesses, having a " merchant account " enables them to securely and efficiently receive payments from customers who prefer to pay via credit or debit cards.
Here's how a "merchant account works for small businesses":
1. Application Process: Small businesses apply for a " merchant account " through a bank, a financial institution, or a...
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