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An eCommerce merchant account is a payment gateway for businesses doing transactions online, primarily using credit cards. The merchant account with the credit card company, such as Visa, is what allows the business to accept credit card payments online and have them processed.

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Q: What is the purpose of an eCommerce merchant account?
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What is the main reason for an Ecommerce Merchant Account?

The main advantage and reason for an Ecommerce Merchant Account is that this account type gives an opportunity to process online credit card payments.


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The purpose of a merchant account in credit card usage is that if one opens a business and accepts credit card payment online, one has to have a merchant account.


What is the purpose of an online merchant account?

The purpose of an online merchant account is to sell things online. Online merchants need a merchant account or internet merchant account in order to accept payments. Merchant accounts are supplied to online traders by banks and payment service providers like PayPal and, in the UK, Nochex.com.


What is the purpose of an offshore merchant account?

"An offshore merchant account is an account that allows the owner to accept credit card payments through a bank not located in the merchant's country. Generally, a merchant would start and offshore account to reduce their tax liability."


How would you describe an ecommerce merchant?

An eCommerce merchant is a company who processes online web credit card payments. It is the same idea as a point of sale merchant, but the process is done online.


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Does Ibc Bank have a merchant account?

What do You Mean? If they Offer Merchant account or if they use a merchant account. Yes, they offer different merchant accounts, they are based on what the merchant needs. All accounts offer different services for different needs.


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