a loose term that can refer to all types of MAP's from banks to ISO's and are related to credit card
MasterCard term for a company that is sponsored by an acquiring bank to solicit and sometimes support merchants.
A firm that is directly certified by an acquiring bank to provide payment card accounts for merchants.
See also: Factoring. A bank, or other company that provides services for processing financial transactions, usually credit card sales. Many MSPs provide merchant accounts, while others require their clients to establish merchant accounts on their own.
bank that provides processing for credit card transactions and that issues merchant accounts.