The content is accurate at the time of publication and is subject to change.

This term merchant account refers to the an account held by the merchants who accept various payments on the goods and services they sell, that have been purchased by consumers through credit card or debit card payments. It is also regarded as an agreement between the store owner, and the bank to ensure the account is settled.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.