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  2. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A merchant account is a type of bank account that allows a seller, known as the merchant, to accept payments by debit or credit cards.A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions.

  3. Merchant account provider - Wikipedia

    en.wikipedia.org/wiki/Merchant_account_provider

    Merchant Account Providers give businesses the ability to accept debit and credit cards in payment for goods and services. This can be face-to-face, on the telephone, or over the internet. Credit cards have become the preferred method of payment in today's market, making a merchant account essential for most businesses.

  4. Top Credit Card Payment Apps for Entrepreneurs - AOL

    www.aol.com/top-credit-card-payment-apps...

    Here are six apps to take credit card payments: Helcim: This merchant account provider offers a free all-in-one POS application and a $99 card reader. It supports most payment methods and has ...

  5. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end.

  6. Square (financial services) - Wikipedia

    en.wikipedia.org/wiki/Square_(financial_services)

    No monthly or set-up fees are charged. The firm claims that its costs are, on average, lower than the costs charged by conventional credit card processors. [56] Swiped payments are deposited directly into a seller's bank account within 1-2 business days. In some instances, Square withholds payments pending issues related to chargebacks. [57]

  7. Can a business charge for using a credit card? - AOL

    www.aol.com/finance/business-charge-using-credit...

    Whenever a merchant accepts a credit card payment, the credit card network that processes the payment will charge a merchant fee. The merchant is expected to cover this fee.

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