An e-Commerce merchant account is basically a service for which e-Commerce merchants apply, and thereafter use online credit card processing services; just like you would expect an e-mail account to work for you providing SMTP and POP3 (i.e. E-Commerce merchant accounts are acquired from either merchant banks or MSP (merchant service providers), as already stated above.The process of acquiring, or applying for, an e-Commerce merchant account is different and depends on the provider itself (terms, guidelines and conditions), the type of e-Commerce merchant account and the e-Commerce merchant.
Let’s start with the basics on a) e-Commerce Merchant Accounts: An e-Commerce merchant account allows any (or almost) online business (also known as an e-Business or e-Commerce business) to accept credit cards/debit cards, gift cards and other forms of payment cards online based on the CNP (card not present) transaction principals, including MOTO (mail order/telephone order) transactions.I hope to help you save time, money and, most importantly, achieve peace of mind when selecting a service provider. Learn More The merchant services industry is plagued with sleazy sales agents that give the industry a bad reputation.Did you know that a merchant account contract is one of the most important documents you can sign for your business? Because a bad processor can literally take you out of business. Learn More Are you having difficulty finding the right payment services for your business? If you believe in providing honest and transparent service to your prospective customers, you can differentiate yourself by gaining CPO Accreditation. Hi, my name is Phillip Parker and I'm the founder of CPO.I've made it my mission to disrupt the merchant account industry by exposing the companies and people that engage in unethical business practices.