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What is Merchant Account?

A merchant account is specifically a bank account that is created for business purposes. Using it, eCommerce companies can accept or make payments. It also allows companies to accept credit cards or other electronic payment methods.

To create a merchant account, you need to partner with a merchant acquiring bank that will help you facilitate all processes in online payment transactions.

Want to read more on this topic? Check out our related resources:

Blog:

How to Select Payment Gateway for Your eCommerce Store (+5 Best Options)

How to Choose the Right Third-Party Tools for Your eCommerce Store?

Ecommerce Insight:

Expert Q & A Session with David Swift

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Magento vs Shopify vs BigCommerce: Which is Best for You?

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eCommerce Glossary

What is Merchant Account?

Want to read more on this topic? Check out our related resources:

Blog:

Ecommerce Insight:

Whitepaper :

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