Remove Electronic Funds Transfer (EFT) Remove MSPS Remove Payment Gateways
article thumbnail

What is a Merchant Account and Does Your Business Need One?

EBizCharge

A merchant account is a business bank account that allows companies to accept payments, such as debit and credit card transactions, electronic funds transfers (EFTs), and Automated Clearing House (ACH) payments. Merchants should also have a good grasp of how payments are authorized within these accounts.