How To Get Your First Merchant Account (Infographic)
Small Business CEO
APRIL 11, 2020
A merchant account is basically an agreement between a merchant bank, retailer, and payment processor. It can allow your business to accept payments by credit and debit cards. Whenever your customers pay for your product or service with a credit card online, the money should be deposited to the merchant account first. Within seven working days, the funds will be transferred to your business bank account.
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