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| Merchant Account Facts |
| Merchant Industry Overview |
| Did you know that there are over 4.9 million merchant Accounts in the United States which totaled over 18 Billion Transactions in 2006.
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| MerchantGuru.com |
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Complete guide to merchant industry. |
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Today: July 4, 2008 |
What is a merchant account?
Merchant account is a special account where money from credit card sales is first routed to and held before transfer to your own business account. This process is usually fully automated in ecommerce transactions. Money may be transferred into your standard business account in real-time or during various points in a 24 hour period. A merchant account is a crucial part of ecommerce.
Visa - Mastercard - American Express - Discover
Accepting these four major debit / credit cards is cruciual to your business both retail storefront and ecommerce website.
Fresh articles:
Merchant Account Basics (2.12.2007)
A Merchant account is an account at a bank or financial institution that permits you to accept credit card payments. You can acquire a merchant account from a merchant account provider or your bank.
Quick Ecommerce Tutorial (7.25.2005)
When choosing to create an ecommerce store, there are 3 important questions to ask yourself.
The History of the Bankcard and Merchant Industry (7.25.2005)
Charge cards date back to 1914 when Western Union provided metal cards giving free, deferred-payment privileges to preferred customers. These cards came to be called "metal money."
At What Point Is a Merchant Account Better Than PayPal or CCNow? (7.25.2005)
It is unwise to set up a merchant account/gateway if you anticipate gross revenues under $650 per month.
Plastic Fantastic - A Beginners Guide to Accepting Credit Cards (7.25.2005)
Credit cards are ubiquitous, and if you're selling anything more than gum and newspapers, you probably should be accepting plastic.
Merchant Account Basics (7.25.2005)
Here are the basics of merchant accounts that should be learned by every enterpreneur that is planning or just have opened a merchant account.
Next Big Thing in Card Processing Industry. (7.25.2005)
What’s the next big thing in our business? This question is on everyone’s mind every day. Will it be a new technology?
How To Protect Against Debit Card Fraud (7.25.2005)
In 2002, there were approximately 175 million Visa® and MasterCard® branded debit cards that generated nearly $318 billion in purchases, according to a March 2003 Nilsson Report.
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