Similar Stories to What Is A Merchant Account? on Bing News

Holly Carey, NerdWallet.com
Wed, 09/22/2021 - 12:15pm

A merchant account is a special type of bank account that gives businesses access to funds received from credit and debit card payments. After the payment processor coordinates with card networks and issuers to clear card transactions, funds from card payments are deposited into this account before being transferred to your business bank account.

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Topics:  personal finance   
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