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An internet Merchant Account is a type of credit card processing account specifically geared to accept web based transactions in real timeAn Internet Merchant Account is a type of credit card processing account specifically geared to accept web based transactions in real time
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Where can you obtain internet merchant accounts?
Paypal is an internet merchant account. You can also obtain internet merchant accounts through The Transaction Group, Merchant Group, and Merchant Plus.
How can accept a payment by credit card?
To accept credit cards you will need what is called a merchant account. A merchant account is basically a relationship between you, the bank ans a merchant services company. There are 3 types of merchant accounts, Internet, Retail and wireless. Internet merchant accounts are obviously for internet stores. Retail merchant accounts are for business with a storefront were the customer pays you in person. Wireless merchant accounts are for business such as taxicabs, tradeshows, etc who process credit cards in person but not at a store or physical location.
Where can one find cheap merchant accounts to buy?
An internet merchant account can be purchased from many websites. Go Daddy, DalPay, and OnlineNIC Inc. all offer merchant accounts at reasonable prices.
What are the benefits of an internet merchant account?
Internet merchant accounts are beneficial because they play a "middle man" between yourself and the bank, allowing online businesses to accept credit cards.
What exactly are internet merchant accounts?
An internet merchant account allows for transactions on online retailer websites. They are processed in real time, similar to punching in transactions to a terminal in a store or over the phone.
How can one compare merchant accounts?
Merchant accounts can be compared on websites like 2013 Best Merchant Services Reviews and comparisons. The top three merchant accounts are Flagship Merchant Services, Merchant Warehouse, and National Bankcard.
Do all PayPal accounts have a merchant id?
No, all PayPal accounts do not have a merchant ID.
Where do I go to find information on merchant accounts?
"Advanced Merchant Services" (AMS)can provide you with information on merchant accounts. Here is a URL to the Merchant Accounts "Basics" page of their website: http://www.merchant-accounts.com/merchant_account_basics.htm
Where can I find an internet merchant account for my new website that does not require a lot of programming knowledge?
The simple answer is paypal.com. Paypal's rates are comparable to other merchant accounts and the process is user friendly.
How does one set up internet merchant accounts?
To set up an internet merchant account, one must first go online. Then if you haven't already, research internet merchant reviews to find the one that best suits you. Once you find which internet merchant you wish to sign up for, then proceed to sign up. If you need help signing up, then click on the support tab of the link or if available, call the customer service hotline.
Where can one find merchant accounts online?
One can find merchant accounts by visiting several different websites. Some examples of websites who offer merchant accounts are: SagePay, WorldPay, Paypal and GoDaddy.
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.
