Entry from US English dictionary
A bank account that enables the holder to accept credit cards for payment.
- Often the money is deducted from the merchant account the retailer uses for its credit cards proceeds.
- The thing here is that you can sell over the Internet without a credit card merchant account, which for campaign consultants and political committees can be difficult or expensive to obtain.
- PayPal (or whomever your merchant account is with) takes your money and deposits it into your account.
For editors and proofreaders
Syllabification: mer·chant ac·count
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.