A bank or other institution that hosts merchant accounts and processes online credit card transactions. The term is also often used broadly to include any credit card processing service
Either a bank or other institution that will host a merchant account and process credit card transactions.
A company that provides merchant accounts. They usually have an established relationship with a number of banks that operate merchant accounts. A provider either has their own processing system to process and validate transactions, or they are resellers of processing systems.
A financial institution, or bank, that provides a financial account to a merchant for the purpose of collecting proceeds from consumer bank account or credit card payment transactions.
A third party company providing merchants with merchant accounts. Providers generally have an established relationship with a number of banks that operate merchant accounts. Providers either has their own processing system to process and validate transactions, or they act as resellers of third parties' processing systems.
A merchant account provider may be a third party processor, ISO, MSP, bank, association or financial service provider (e.g. American Express, Discover). Each merchant account provider represents a bank and offers a variety of products and services that enable you to accept credit cards as payment from customers.
Merchant Account Providers give businesses the ability to accept debit and credit cards in payment for goods and services. This can be face-to-face, on the telephone, or over the internet.
