E-commerce merchants or those who are planning to start an online store should be familiar with and clearly understand merchant accounts, payment gateways, and many more. Introduction To Merchant AccountsWondering what a merchant account is? There are different categories, including:DirectOffshoreLocalHigh-riskThird-partyEligibility Criteria For Obtaining A Merchant AccountThinking about obtaining a merchant account for your e-commerce store? Different Types Of Fees Associated With Merchant AccountsDepending on the provider, the fees associated with merchant accounts differ greatly. Here are some of the factors you need to take into account when choosing a merchant account provider:ReliabilityIt is important to check whether the merchant account provider is reliable or not by checking the reviews and testimonials.

Source: Forbes August 14, 2023 08:41 UTC