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By Chris Malta & Robin Cowie's Articles in Merchant Accounts

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  • Merchant Accounts 101: Understanding Their Role In Your Ebiz
    What a Merchant Account Is

    A merchant account is one piece of your whole payment solution. In its simplest terms, it’s a bank account that allows your eBiz to accept online credit cards and e-checks. At a specific time each day, your merchant account bank receives that day’s completed transactions. They hold the money for several days or more to make sure all parties involved are satisfied. During this time, they also perform additional security checks. If no issues arise,...
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