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What Is A Merchant Account?

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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.

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

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

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5 Comments

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          This comment refers to an earlier version of this post and may be outdated.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            This comment refers to an earlier version of this post and may be outdated.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              This comment refers to an earlier version of this post and may be outdated.

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            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.

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