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Merchant account services are offered by most major banks although it make take you some time to obtain one. There are various companies, such as TransFirst who can help you set up a merchant account and even Yahoo can provide a useful service. Yahoo can provide customers like you with a merchant account through the Bank of America Merchant Services.
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What is the purpose of a merchant account in terms of credit card usage?
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.
Where can one find more information about fixing a bad credit merchant account?
Information on fixing a bad credit merchant account can be found online. Websites such as 'Instabill', 'High risk-Merchant Account', and 'Emerchantbroker'.
How does one obtain a merchant account credit card?
There are a few places where one can obtain a merchant account for credit. One can first approach the bank they do their business banking with. Failing that, there are other providers such as Worldpay and Streamline.
How much does a Credit Card Merchant account cost?
A Credit Card Merchant account costs about $25 to $30 a month.
What steps are involved during Merchant Accounts credit card processing?
A Merchant Account is an account linked to a business's current account that will accept and provide the credit card transaction process. In order to get a Merchant Account one must apply in a process similar to getting a personal credit card whereby credit worthiness, history of trading and likely spend will be assessed.
