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merchant account

   Also found in: Wikipedia 0.01 sec.

An agreement between a credit card processor and a seller that establishes the rules for accepting credit card purchases and transferring funds. See card not present account.
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In addition, the company provides the NexCommerce Payment service, an adaptable merchant account solution that comes with 24-hour technical customer support via phone and e-mail.
Enter the middleman: alternative online payment options take the pain ... by Calypso, Anthony / Black Enterprise
To process credit card transactions online in real time, you'll need an online merchant account and a gateway.
"10 Things for Small Businesses to Consider When Setting Up a Web ... by Los Angeles Business Journal
Complete with Merchant Account and Gateway start-up services, free shopping cart solution, free website for a year, and fully designed and developed by AIT's in-house design team, this package is the one stop shop for anyone wishing to get a business started on the Internet.
AIT Launches the AIT Business Starter Package by Business Wire
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