A merchant account allows a business to accept credit cards, debit cards, gift cards, ACH and other forms of payment types. This is also widely known as payment processing or credit card processing.
Merchants, or business owners who receive credit card payment for their goods or services, must apply for a merchant account typically through a merchant bank or a merchant service provider. The merchant account will typically be established based on several factors, such as (a) how you will be taking payment: in-person, ecommerce, or over the phone, (b) the type of business structure, (c) the volume of transactions over a period of time, and (d) how long you have been in business.
Our merchant services professionals will work hard to get you the best rate for your business and make sure that you are receiving the best support for your merchant service needs.