Merchant Account Glossary
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Merchant Account
[1] An arrangement with a bank that enables merchants to accept credit card payments.
[2] Most "brick and mortar" organizations already have a Merchant Account and need not apply for another one for use on the Internet.
Merchant Account: An account with a payment processor for settlement of credit card transactions. Any merchant that takes credit card orders must establish a merchant account.
Guide to merchant accounts and online payment processing
Ecommerce & Internet marketing - tutorials, articles, guides & software reviews.
Allows you to accept payments online without having a merchant account (from a bank), at a cost of around 3-4% commission on payments. One off and recurring (subscription) payments. Shopping cart or Buy Now (individual product) buttons.
 See also: Merchant, Account, Internet, Free, Marketing
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