Definitions for "Merchant ID"
Keywords:  securepay, moto, iti, processor, mid
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.
An identifier issued by CyberSource for a single merchant who uses CyberSource Stored Value services.