Advertiser Disclosure

💳 Save money on credit card processing with one our top 5 picks for 2021

What Is A Merchant Account?

  • 5 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Frank Kehl

Frank Kehl

Frank Kehl has been writing about merchant services, payment gateways, and international money transfer services since 2015. He has a Bachelor of Science degree from Penn State and a Juris Doctorate from the Ventura College of Law. After a long and enjoyable career of traveling around the world as an Air Force navigator, he’s comfortably settled down in the wine country town of Paso Robles in California’s scenic Central Coast region. He enjoys reading, photography, hiking, and numerous other outdoor pursuits.
Frank Kehl

We've done in-depth research on each and confidently recommend them.

We've done in-depth research on each and confidently recommend them.

Leave a comment

5 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Kyana Holland

    Hi, so I am applying for a seller’s permit. It’s asking for a merchant card processor name and account but I still don’t quite understand what that is. Can you help me out?
    Thank you!

      Jessica Dinsmore

      Hi Kyana,

      In its most basic form, a merchant account/credit card processor is a contracted provider that gives you the ability to process card payments. If you are looking for a more detailed explanation than what is offered within this post, you can download this Beginners Guide To Payment Processing eBook. I hope that helps!

        FactorLoads

        I totally agree with what you said. I believe that is very important now to adapt to new way of paying. That’s why I think that the business owners must accept debit or credit card. This article is very informative. Thanks for sharing this article.

          This comment refers to an earlier version of this post and may be outdated.

          glen

          great imfomation \ need to select a processing company.

            This comment refers to an earlier version of this post and may be outdated.

            Kumar

            Very informative website. I am working in a global company. Currently we have only one merchant ID and planning to expand to other countries. How many merchant IDs should we have being a global company to broaden the credit cards and alternate payment methods? Thanks,
            Kumar

              This comment refers to an earlier version of this post and may be outdated.

            Leave a Reply

            Your email address will not be published. Required fields are marked *

            Your Review

            Comment moderation is enabled. Your comment may take some time to appear.
            Please read the "User Review and Comment Policy" before posting.

            Share

            Get Started With Featured Pick! 🏆

            is our current featured vendor in this category.




            Get Started

            Learn more today with no commitment.

            Featured Offer: We Recommend QuickBooks 🎉

            Take it for a spin with a free trial.

            Try QuickBooks Today

            Exclusive Promo: Get your first month for $5 ✨

            We love Fattmerchant's predictable pricing and excellent service for credit card processing.

             

             

            Get your first month for only $5 when you sign up with our link. Find out how much you can save on payment processing today.

            Get Started

            Get started with no commitment today.

            We Recommend Brex Corporate Card for Startups 🏆

            Brex Corporate Card for Startups is one of our top picks for business credit cards!

             

             

            Brex Card has $0 in annual fees. For a limited time get 50,000 rewards points when you spend $1000 with Brex.

            Get Started

            Get started with no commitment today.

            Exclusive Promo: Get your first month for $5 ✨

            We love Fattmerchant's predictable pricing and excellent service for credit card processing.

             

             

            Get your first month for only $5 when you sign up with our link. Find out how much you can save on payment processing today.

            Get Started

            Get started with no commitment today.

            Exclusive Promo: Get your first month for $5 ✨

            We love Fattmerchant's predictable pricing and excellent service for credit card processing.

             

             

            Get your first month for only $5 when you sign up with our link. Find out how much you can save on payment processing today.

            Get Started

            Get started with no commitment today.

            We Recommend Donorbox 🏆

            Donorbox is one of our top picks for Donation Systems!

             

             

            Donorbox is a versatile, feature-rich, and easy-to-use donation management system that can help you attract more recurring donors. Get started today for free.

            Get Started

            Get started with no commitment today.

            ⭐️ Featured Promo! ⭐️

            Sign up now and qualify for a limited time deal!

            Standard Plan: One month free ($29.95 value)
            Plus Plan: Two months free ($159.90 value)
            Pro Plan: Three months free ($899.85 value)

            Learn More

            At BigCommerce

            Exclusive Promo: Get your first month for $5 ✨

            We love Fattmerchant's predictable pricing and excellent service for credit card processing.

             

             

            Get your first month for only $5 when you sign up with our link. Find out how much you can save on payment processing today.

            Get Started

            Get started with no commitment today.

            We Recommend Helcim 🏆

            Helcim is one of our top picks for payment processing!

             

             

            Helcim has exceptional service and an advanced platform that we highly recommend for businesses in Canada and the US. Get three months free when you sign up with Helcim through our links!

            Get Started

            Get started with no commitment today.

            We Recommend PaymentCloud 🏆

            PaymentCloud is one of our top picks for credit card processing!

             

             

            We love PaymentCloud's predictable pricing and excellent service.

            Get Started

            Get started with no commitment today.

            We Recommend Lendio 🏆

            Lendio is one of our top picks for PPP/Business Financing!

             

             

            Lendio is a free-to-use marketplace that allows you to compare lenders side-by-side. Easily find PPP/SBA loans alongside other financing options.

            Get Started

            Get started with no commitment today.

            We Recommend Lendio 🏆

            Lendio is one of our top picks for PPP/Business Financing!

             

             

            Lendio is a free-to-use marketplace that allows you to compare lenders side-by-side. Easily find PPP/SBA loans alongside other financing options.

            Get Started

            Get started with no commitment today.

            We Recommend PaymentCloud 🏆

            PaymentCloud is one of our top picks for credit card processing!

             

             

            We love PaymentCloud's predictable pricing and excellent service.

            Get Started

            Get started with no commitment today.

            We Recommend ADP Payroll 🏆

            ADP Payroll is one of our top picks for Payroll Software!

             

             

            Our reviewers like ADP Payroll for its advanced employee management, strong payroll features, and great customer support.👍

            For a limited time, get three months free when you sign up via our links!

            Get Started

            Get started with no commitment today.

            We Recommend Lightspeed POS 🏆

            Lightspeed POS is one of our top picks for Point of Sale!

             

             

            We highly recommend Lightspeed POS for small businesses looking for a feature-rich, tablet-based point of sale system.

            Get Started

            Get started with no commitment today.

            We Recommend TouchBistro 🏆

            TouchBistro is one of our top picks for Restaurant POS!

             

             

            Our reviewers praised TouchBistro for a well-designed UI, easy to use format, competitive monthly cost, and numerous integrations. Sign up today to see it in action.

            Get Started

            Get started with no commitment today.

            We Recommend Fundera 🏆

            Fundera is one of our top picks for SBA loans!

             

             

            Fundera is a free-to-use marketplace that allows you to compare lenders side-by-side. Easily find SBA 7(a)loans alongside other financing options.

            Get Started

            Get started with no commitment today.

            We Recommend ShippingEasy 🏆

            ShippingEasy is one of our top picks for shipping software!

             

             

            ShippingEasy got a 5-star review from our team. Get a 30-day free trial to access discounted USPS and UPS shipping rates and print labels in no time. No credit card required.

            Get Started

            Get started with no commitment today.

            We Recommend Square POS 🏆

            Square POS is one of our top picks for Point of Sale!

             

             

            Square is free to use and currently includes a free card reader at sign-up!

            No credit card is required to create your account.

            Get Started

            Get started with no commitment today.


             

            Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

            Sign up for the Maverick Newsletter

            • We occasionally send out emails with special offers.