Understanding credit card merchant account - 0 views

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  #1 james jack on 25 Feb 13

   

  A credit card merchant account or commonly known as merchant account is a bank account that allows a business to accept credit cards as payment for goods and services provided by the business. It is a relationship or an agreement between the business (acceptor) and the bank (a merchant acquiring bank) or a third party such as www.charge.com for settlement of payment card transaction whether it is a debit or credit card.

   

  <div class="cArrow"> </div><div class="cContentInner">A credit card merchant account or commonly known as merchant account is a bank account that allows a business to accept credit cards as payment for goods and services provided by the business. It is a relationship or an agreement between the business (acceptor) and the bank (a merchant acquiring bank) or a third party such as <a href="http://www.charge.com" rel="nofollow" target="_blank">www.charge.com</a> for settlement of payment card transaction whether it is a debit or credit card.</div>

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