An account number with a bank which allows a company to accept payments by credit card.
The MID is a number assigned to a merchant to identify themselves to their provider.
An account number from a merchant bank that allows a company to accept credit-card payments. Merchant banks establish bank accounts for the purpose of enabling companies to accept credit card payments. The merchant bank account allows a company to receive and process credit card transactions online and transfer money from the buyer's account to the seller's account.
ITI account number.
When you apply for your Internet Merchant Account with your financial institution, they will issue you a Merchant ID which you must supply to SecurePay. SecurePay refers to this as a Bank Merchant ID. SecurePay will also issue you with a Merchant ID, uniquely identifying your business as a SecurePay Merchant. This is referred to as a SecurePay Merchant ID.
In order to take payments from a card, a merchant ID (MID) from an Acquiring Bank is required. The main types of merchant ID are: e-Commerce, MoTo and Recurring
a series or group of numbers that numerically identifies each merchant account to the credit card processing company or merchant bank for accounting and billing purposes
A credit card processor assigns this unique computer code to a merchant after he has been successfully approved to take credit card purchases. This code identifies his specific bank account into and out of which credit card funds are transferred.
In the credit card industry, a merchant ID is a number provided to a merchant by a credit card processor when that merchant retains the services of that processor. Also sometimes called the merchant number.
A unique set of numbers or letters and numbers that is associated with a specific merchant. The merchant ID is typically tied to a system database record that contains all merchant specific information regarding that particular merchant. This is provided by the bank or the Payment Processor.
A specific unique number given to a merchant which retains the services of a processing organization by the credit card processing organization. It is sometimes called the merchant number.