Many people confuse merchant accounts with payment gateways but they are not the same. Merchant account services act, for the most part, as a liaison between your business bank account and the payment gateway. When a customer orders a product from your online business their card is processed via the payment gateway. The money is then moved over to the merchant account service. The merchant account service then moves those newly captured funds to your business bank account. Having a easy to use for the consumer and easy to maintain for you is a big step in the online payment collection process.
Lee Cummins is the founder and creator of Connect Her, also a Helping Practitioner, Accredited in the fields of EFT/TFT Master Tapping Practitioner, Law of Attraction Coach, Meditation Practitioner, Business Coach, Consultant, & Transformation Coach.
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