Payments Definitions GlossaryWhat is a Merchant Account?
To accept payments online you need a Merchant Account. This is required by all businesses that wish to process online card payments. If you do not have a Merchant Account you can use the services of a Merchant Account Provider / Online Payment Bureau.
NETBANX is a Merchant Accout Provider
We are one of the few payment service providers that can collect and process card details on behalf of the merchant without requiring a Merchant Account - an ideal choice for start ups who need to get started straight away.
Want to know more about Merchant Accounts?
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More Payment Definitions
Asking yourself "what is PCI Compliance"? Find out about more payment terminology from our payments glossary, including what is: 1-Pay Direct | 3D Secure | Acquiring Banks | Address Verification System | Bureau Service Provider | Credit Card Payment Provider | Credit Card Processing | Credit Card Processor | Debit Card Processing | Deferred Billing | Dynamic Currency Conversion | Electronic Payments | ELV Payments | Giropay Payments | Internet Merchant Account | Merchant Account | Merchant Account Provider | Merchant ID | Online Credit Card Processing | Online Direct Debit | Online Merchant Account | Online Payment | Online Payments | Paperless Direct Debit | Payment Bureau | Payment Gateway | Payment Processing | Payment Processor | PCI Compliance | Shopping Cart |