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If you signed with a merchant for recurring debit from your account who has to stop it?
Wiki User
∙ 16y ago
Contact the company with your account and ask them what you need to do to stop this debit. Also I would let the merchant know as well. It is my understanding that the account owner is the one that needs to stop these transactions.
Wiki User
∙ 16y ago
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How does a mobile merchant account work?
A merchant account is where a business accepts debit and credit cards as payment for their goods and services. A mobile merchant account is where the business operates with the mobile phone company and the charges are made to the customer's phone bill rather than to a credit or debit card.
Is there an alternative to Pay Pal that accepts debit cards without requiring a merchant account or a registered business?
The alternative to PayPal is Skrill that accepts debit cards without requiring a merchant account or a registered business.
What does instant merchant account mean exactly?
An instant merchant account is a specific type of account used by various businesses to carry out transactions or payments made by credit and debit cards.
What type of bank account does merchant processing use?
A merchant processing account is an account that allows a business to accept payment from credit and debit cards. This allows payments to be processed electronically.
What exactly is a merchant account?
A merchant account is a type of bank account that allows businesses to accept payments by payment cards, typically debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions.
Which bank provides the best merchant account?
A merchant account allows a vendor to process debit and credit card payments. There are a number of financial institutions that offer merchant accounts. Two of the most popular ones are Flagship Merchant Services and Merchant Warehouse.
Where is a merchant services account?
A merchant account allows businesses to accept payments by debit card or credit card for their services. To set up this type of account, a business can establish a merchant agreement directly with a bank or through an aggregator such as PayPal.
Where could someone go to open an adult merchant account?
In order to be able to accept credit, and debit card payments, one must first obtain a merchant account. One can do this by going to a bank, or looking in to other merchant account services.
What are some of the features of a low cost merchant account?
A merchant account allows businesses to accept debit and credit card payments and have the funds processed and paid directly in to an account. The main advantage of a low cost merchant account is that it allows small businesses to keep more of their profits.
How do I remove merchant ID from paypal?
Once you have a PayPal merchant I.D. it appears that there is no way to remove it. Having a merchant I.D. does not mean that you have to have a merchant account, or that the number affects your account in any way. It just is there if you ever need it. You can still use PayPal's regular, non -merchant account; you just can't get a PayPal debit card.
What is the difference between a merchant bank account and a regular one?
A merchant bank account is an account that allows customers to pay for purchases with their debit or credit card. A regular bank account is a typical checking or savings account which allows someone to deposit money into or withdraw.
what is merchant account?
A merchant account is a type of bank account that allows businesses to accept electronic payments, such as credit and debit card payments, from customers. The account is set up with a merchant acquiring bank or payment processor and enables businesses to receive funds from credit or debit card transactions after the payment has been processed through the payment gateway. When a customer makes a payment with a credit or debit card, the payment is processed through the payment gateway and then transferred to the merchant's bank account. The merchant account is used to hold the funds until they are settled and deposited into the merchant's business bank account. Merchant accounts typically come with fees, such as transaction fees and processing fees, which are charged by the payment processor or acquiring bank. The fees can vary depending on the type of transaction, the payment processing method, and the specific terms of the merchant account agreement. Merchant accounts are essential for businesses that want to accept electronic payments, as they allow businesses to expand their payment options and increase sales revenue.
