Merchant Account

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Dictionary Says

Definition of 'Merchant Account'

A type of business bank account that allows a business to accept and process debit and credit card transactions. Merchant accounts are necessary accounts for many businesses, and are essential for online businesses. There are different types of merchant accounts to choose from for businesses. For instance, some merchant accounts are designed specifically to handle online sales.
Investopedia Says

Investopedia explains 'Merchant Account'

A merchant account is an agreement made between the business/seller, the bank where the merchant account is held and the payment processor to settle all transactions made by debit and credit cards. The fees associated with these accounts are usually in the following categories: monthly, discount rate and transaction. The rate that a business is charged for debit and credit card services provided by its merchant account is called a merchant discount rate.
Search results for

'Merchant Account'

  • Credit, Debit And Charge: Sizing Up The Cards In Your Wallet

    http://www.investopedia.com/articles/pf/05/cards.asp
    ... you to enter a personal identification number (PIN) to initiate the immediate transfer
    of funds from the your bank account to the merchant's bank account. ...
  • Alternate Methods Of Online Payment - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/Alternate-Methods-Of-Online-Payment.aspx
    ... this method are directed at the time of purchase to the merchant's online bank ... buyers
    using this payment method do not have to provide their account numbers or ...
  • 5 Painless Ways To Save More Money

    http://www.investopedia.com/articles/pf/08/save-without-trying.asp
    ... to match a portion of the purchase price and contribute it to an education savings
    account. ... After you buy from a participating merchant, you then receive 1- 25 ...
  • 4 Ways To Get The Most From Your Credit Cards This Cyber Monday ...

    http://financialedge.investopedia.com/financial-edge/1111/4-Ways-To-Get-The-Most-From-Your-Credit-Cards-This-Cyber-Monday.aspx
    ... It takes six to eight weeks for the miles to post to your account. ... One caveat of
    getting the extra cash back is that the merchant must classify itself as being ...
  • Beginner's Guide To Tradestation Trading Software - Getting ...

    http://www.investopedia.com/university/how-to-use-tradestation-trading-platform/
    ... securities broker-dealer and a registered futures commission merchant, and a ... Software
    Installation Traders must have an account with TradeStation in order to ...
  • The History Of Consumer Credit Rights

    http://www.investopedia.com/articles/pf/08/credit-billing-act.asp
    ... sue the card company for the value of the purchase if the merchant refuses a ... dispute
    needs to include your name and address, as well as your account number and ...
  • Beginner's Guide To Tradestation Trading Software - Getting ...

    http://www.investopedia.com/university/how-to-use-tradestation-trading-platform/getting_started.asp
    ... securities broker-dealer and a registered futures commission merchant, and a ... Software
    Installation Traders must have an account with TradeStation in order to ...
  • 10 Ways To Avoid Losing Money In Forex

    http://www.investopedia.com/articles/forex/11/10-ways-avoid-losing-money-forex.asp
    ... Futures Trading Commission (CFTC) as a futures commission merchant. ... Traders should
    also research each broker's account offerings, including leverage amounts ...
  • Commodities: The Portfolio Hedge

    http://www.investopedia.com/articles/trading/05/021605.asp
    ... To trade commodities, an individual trading account can be opened either directly
    with a futures commission merchant or indirectly through an introducing broker ...
  • Global Payments Continues Its Global Push

    http://stocks.investopedia.com/stock-analysis/2010/Global-Payments-Continues-Its-Global-Push-GPN-FNDT-FIS-V-MA0406.aspx
    ... GPN's revenues increased 10.9% to a hair under $400 million as international merchant
    services sales shot ahead 24% to account for 26.5% of the total top line. ...

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