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What does the term merchant refer to?
Answered on May 10, 2010
Updated on May 10, 2010
The content is accurate at the time of publication and is subject to change.
The term merchant is referred to the person or the party who willing accepts a credit card payment for the goods or the services sold from their store to the one who possess or owns the credit card.
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.
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