There are a few major differences when dealing with a Retail Merchant Account, and an Ecommerce Merchant Account. Both are similar in that, a merchant or seller is able to accept Visa, Master Card, American Express and Interact, as a method of payment for goods and services rendered, but the way they are accepting these [...]
Retail Merchant Accounts
Retail Merchant Accounts are for brick-and-mortar types of businesses. They are systems that allow businesses to process credit and/or debit card transactions in real time with instantaneous approvals by swiping cards across the POS Terminal. Traditionally, Point-of-Sale Terminals similar to the one shown at the side here are used. However, some businesses use a PC [...]
