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What is a Merchant Service Provider and why do I need one?

Per Wikipedia:

Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or debit card. More generally, the term includes the following in its use:

  • Credit and debit cards payment processing
  • Check guarantee and check conversion services
  • Automated Clearing House check drafting services
  • Gift and loyalty card programs
  • Payment gateway
  • Merchant Cash Advances
  • Online Ordering Systems
  • Point of Sales Systems

 A Merchant Service Provider is needed to as a gateway to process transactions from your customers to your bank account.

We can help you find the right Merchant Service Provider!  Call Heather at 503-922-1276 for more information.

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Last update: 2011-05-20 23:19
Author: WebBuilder Support
Revision: 1.0

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