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You obtain a merchant account from a merchant account provider - there are plenty of these as they are basically like a bank. Choosing which one to go with depends first on your geographic location and second on what type/ size of business you are. The process can be grueling because the providers need quite a bit of information from you. A merchant account is basically a line of credit, so the banks want to be sure that you are in fact a legitimate, revenue producing business before they grant you an account.
What else can I help you with?
What is retail merchant account?
a retail merchant account is defined as such that accepts payments for your retail business, other names are ecommerce merchant account and tangible goods merchant account.
Where can one get a credit merchant account?
Merchant account services are offered by most major banks although it make take you some time to obtain one. There are various companies, such as TransFirst who can help you set up a merchant account and even Yahoo can provide a useful service. Yahoo can provide customers like you with a merchant account through the Bank of America Merchant Services.
What is the purpose of an offshore merchant account?
"An offshore merchant account is an account that allows the owner to accept credit card payments through a bank not located in the merchant's country. Generally, a merchant would start and offshore account to reduce their tax liability."
Who can qualify for an online merchant account?
Almost anyone can open an online merchant account, but they're specifically made for businesses. Most companies will allow anyone to open one because they make a decent percentage off fees. Other merchants account offerers, such as Paypal, will only allow a merchant account to those who have had a Paypal account that has been in good standing.
What are some companies that allow merchants to accept credit cards?
There are many processing companies that make it possible for merchants to accept credit cards from consumers. The first thing a merchant must do is to find a merchant account specialist to create a merchant account and get started.
What is retail merchant account?
a retail merchant account is defined as such that accepts payments for your retail business, other names are ecommerce merchant account and tangible goods merchant account.
How can you set up a online merchant account?
You can set up an online merchant account using a variety of websites. Amazon and Ebay are two popular websites that people use to setup an online merchant account. For Amazon, simply make an account, you may need to attach banking information such as a credit card and register as a merchant.
Where can one get a credit merchant account?
Merchant account services are offered by most major banks although it make take you some time to obtain one. There are various companies, such as TransFirst who can help you set up a merchant account and even Yahoo can provide a useful service. Yahoo can provide customers like you with a merchant account through the Bank of America Merchant Services.
How do you get merchant account?
You request to open an account with the merchant. For instance, I recently opened an account with a local coal merchant. I pay the merchant's invoice promptly after each delivery of coal.
What kind of an account is a merchant account?
A merchant account is an bank account used for transferring money, involving business transactions. For example, a merchant account can be linked with Paypal, which can be used on eBay for business.
Does Ibc Bank have a merchant account?
What do You Mean? If they Offer Merchant account or if they use a merchant account. Yes, they offer different merchant accounts, they are based on what the merchant needs. All accounts offer different services for different needs.
What is the purpose of an offshore merchant account?
"An offshore merchant account is an account that allows the owner to accept credit card payments through a bank not located in the merchant's country. Generally, a merchant would start and offshore account to reduce their tax liability."
Who can qualify for an online merchant account?
Almost anyone can open an online merchant account, but they're specifically made for businesses. Most companies will allow anyone to open one because they make a decent percentage off fees. Other merchants account offerers, such as Paypal, will only allow a merchant account to those who have had a Paypal account that has been in good standing.
Where can somebody view merchant account reviews?
Slide Share is one place one can view merchant account reviews. Card Payment Options also has reviews for merchant account reviews. Merchant Maverick is yet another place one may go to read merchant account reviews.
What is the purpose of an online merchant account?
The purpose of an online merchant account is to sell things online. Online merchants need a merchant account or internet merchant account in order to accept payments. Merchant accounts are supplied to online traders by banks and payment service providers like PayPal and, in the UK, Nochex.com.
What are some companies that allow merchants to accept credit cards?
There are many processing companies that make it possible for merchants to accept credit cards from consumers. The first thing a merchant must do is to find a merchant account specialist to create a merchant account and get started.
How does one set up a merchant account for a small business?
This site will help you with a step-by-step process on how to set up a merchant account for a small business: http://www.active-venture.com/merchant-account/smallbiz-merchant-account.htm.
