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Question   What's a Merchant Account, and how do I get one?
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1. What's a Merchant Account, and how do I get one?
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What's a Merchant Account, and how do I get one?
A Merchant Account is a service offered by a Merchant Account Provider (MAP --- also MSP or ISO), which includes the following:
  • Credit card verification
  • Processing credit card transactions
  • Depositing money from the transaction into your account
You must apply for a merchant account through a Merchant Account Provider. There are a dizzying number of MAPs, and their services are all a little different. Three of the most popular MAPs are:

Last updated: Apr 20, 2005.