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.
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.
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.
"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."
To accept credit cards, you need a special service called a merchant account. Merchant accounts basically is a very special bank account which deposits money taken from credit card transactions into your checking account. There are many ways that credit card transactions are submitted, such as online through payment gateways, or in a retail store through a credit card terminal, but at the end of the day, funds go into your merchant account and eventually your business checking 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.
The meaning of the term 'retail merchant account' is a bank that enables a business to accept payments from customers via credit cards. All businesses will need such an account to operate.
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.
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.
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.
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.
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.
"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."
To accept credit cards, you need a special service called a merchant account. Merchant accounts basically is a very special bank account which deposits money taken from credit card transactions into your checking account. There are many ways that credit card transactions are submitted, such as online through payment gateways, or in a retail store through a credit card terminal, but at the end of the day, funds go into your merchant account and eventually your business checking account.
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.
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.
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.
Merchant accounts typicaly require a credit check. Google Checkout is available without a merchant account.