A merchant account is a kind of bank account that permits businesses to acknowledge payments by payment cards like debit or credit cards. A merchant account is traditional under a concord between an acceptor and a merchant acquiring bank for the resolution of payment card transactions. B-235, SOBO Centre, Gala Gym Khana Road, South Bopal, Ahmedabad - 380058 Ph: +91 95588 11021 Email: firstname.lastname@example.org
Does an Acquiring Bank (AKA: Merchant Bank) ever issue cards directly
Credit Card Payment Processing - How It Works - When you make an online purchase, it may seem like you’re only waiting a few moments for screens to load, but a lot of work goes into processing your payment. Ecommerce websites actually rely heavily on payment processors to verify credit information, relay the information back to the website, and facilitate the monetary transaction between the customer’s issuing bank and the merchant’s acquiring bank. For more visit http://www.truemerchant.com
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Cross-Border eCommerce Community (CBEC) is a strategic initiative that aims to support Merchants, Payment Service Providers, ISOs and Acquiring Banks within the CNP Payment Industry, expanding their business globally, by offering key insights and information on every aspect of international eCommerce.