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A retail merchant account allows a business to accept payment from Credit and Debit Cards, typically through an aggregate bank, or third party such as PayPal.

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12y ago

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How can accept a payment by credit card?

To accept credit cards you will need what is called a merchant account. A merchant account is basically a relationship between you, the bank ans a merchant services company. There are 3 types of merchant accounts, Internet, Retail and wireless. Internet merchant accounts are obviously for internet stores. Retail merchant accounts are for business with a storefront were the customer pays you in person. Wireless merchant accounts are for business such as taxicabs, tradeshows, etc who process credit cards in person but not at a store or physical location.


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 one compare merchant accounts?

Merchant accounts can be compared on websites like 2013 Best Merchant Services Reviews and comparisons. The top three merchant accounts are Flagship Merchant Services, Merchant Warehouse, and National Bankcard.


Do all PayPal accounts have a merchant id?

No, all PayPal accounts do not have a merchant ID.


Where can you obtain internet merchant accounts?

Paypal is an internet merchant account. You can also obtain internet merchant accounts through The Transaction Group, Merchant Group, and Merchant Plus.


Where do I go to find information on merchant accounts?

"Advanced Merchant Services" (AMS)can provide you with information on merchant accounts. Here is a URL to the Merchant Accounts "Basics" page of their website: http://www.merchant-accounts.com/merchant_account_basics.htm


Where can one find merchant accounts online?

One can find merchant accounts by visiting several different websites. Some examples of websites who offer merchant accounts are: SagePay, WorldPay, Paypal and GoDaddy.


Are merchant accounts subject to changing rates?

Yes, all merchant accounts are subject to changing rates. The rates that are charged are government dictated so the merchant accounts are not considered legal if they don't have the proper rates.


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.


Where can one find more information about adult merchant accounts?

Merchant accounts or business account information can be found online from many financial institution websites. However, discussing adult merchant accounts is not appropriate for all ages.


Where can one find online information on what a merchant account is?

Yahoo! Small Business provides information about merchant accounts and how a person can get one. Advanced Merchant Services, Fast PC Networks, and Merchant Council also provide information about merchant accounts.


Merchant Credit Accounts?

form_title=Merchant Credit Accounts form_header=Get help with transactions from a Merchant Credit Account. Is there someone in your company that handles your merchant credit accounts?= () Yes () No () Not Sure What field of business is your company in?=_ Will you do any business online?= () Yes () No () Not Sure How much do you anticipate processing?=_