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What is an internet merchant account?
An Internet merchant account is a financial relationship between you and a credit card processor, so funds can be deposited into your bank account. It is very much like a retail merchant account, the difference being that an internet merchant account is designed to accept online payment transactions, while a regular merchant account is not approved for web transactions and requires a credit card processing machine that physically reads the information as it swipes the credit card. An internet merchant account will allow you to accept credit card payments and process them in real time either through your web site or via virtual terminal.
Why would I need it?
Any website owner who wishes to accept credit card payments through their website needs a merchant account. e-commerce websites require a payment gateway and a merchant account.
Our team can answer all your questions and help you decide which merchant account service is best for your website, and can assist you in setting up your account.