what is a merchant account
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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A merchant account is a type of business bank account that allows businesses to accept payments through debit or credit cards. It acts as an intermediary that transfers funds from a customer’s bank account to the business’s account when a payment is made using a card. Merchant accounts are typically provided by financial institutions or payment processors and are essential for businesses that engage in credit card transactions either in-person or online.