A Merchant Account is Crucial

From: forbes.com Whether you're a traditional brick-and-mortar business or an Internet start-up, it's unlikely that you're able to do business without accepting credit and debit cards from customers as a means of payment. New restrictions on the amount of money that major credit card companies are allowed to charge to merchants who accept debit cards are making it possible for consumers to use their plastic not only for major purchases, but also for everyday banalities like a cup of coffee or a cheeseburger, and credit card use will only become easier and more common as increased security and better technology come into play. Your merchant accounts are your connection to the banks that interface directly with credit card providers, so it's very important that you maintain a good understanding of credit card processing and the mechanism of m erchant accounts.