What is a Merchant Account
30/09/2024 Technology
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Merchant accounts are an account type in the bank that permits businesses to take payments, usually via debit and credit cards. It is a means of bridging between the bank of the client and the business, providing seamless transaction processing. Merchant accounts are crucial to both in-person and online transactions. They provide companies with the ability to control payments secure and efficiently. They also provide secure payment settlement solutions.
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