Dedicated Merchant Accounts vs. Third-Party Payment Services
There are two distinct types of services to enable businesses to accept card payments: dedicated merchant accounts and third-party merchant accounts....
Tag: merchant accounts
U.S.-Based Merchant Account Restrictions
Certain types of businesses are not allowed to set up US-based merchant accounts. The black list is compiled by Visa and MasterCard and is mandatory....
Merchant Account Qualifications and Requirements
Merchant account applicants must meet industry qualifications and prove their credit worthiness before they can accept credit card payments....
Requirements for Merchant Account Providers
Merchant accounts can be provided by banks members of Visa and MasterCard, but more often they contract with third parties to provide the service....
US-Based Merchant Accounts for Foreign Organizations
Foreign organizations that need a US-based merchant account have to first establish a legal presence, a physical office and a bank account in the US....