Payments definitions glossary
What is a merchant account provider?
A merchant account provider is also known as an acquiring service. Companies that do not have an internet merchant account, required for businesses that wish to process card payments, may choose to use this service.
NETBANX is a merchant account provider
We are one of the few payment service providers that can collect and process card details on behalf of the merchant without requiring an internet merchant account – an ideal choice for start ups who need to get started straight away.
If you want to start accepting payments online and use the services of merchant account provider, contact NETBANX today.
More payment definitions
Asking yourself “what is PCI compliance?” Find out about more payment terminology from our payments glossary.
