E-Commerce Exchange on How Merchant Accounts Work

A business owner who needs a merchant account will be able to obtain one from a company that represents the credit card issuers. In order to set up these business accounts, both the merchant and the credit card payment processor will need to draw up a contract detailing the services that the processor will provide and for what price. Then, the merchants will be able to accept credit cards as payment in their businesses. (more…)















