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What is a Merchant Account?

Payment Processing

What is a Merchant Account?

Updated 4 hours ago

A merchant account is an account at an Acquiring Bank and is used to fund you for your credit card transactions. You need a merchant account in order to accept and process credit card transactions, have those funds deposited directly into your bank account, and have your organization's name on the donor's credit card statement. In order to use 4aGoodCause, you'll need to set up an Internet merchant account as well as a payment gateway with one of the providers we support.

More information:  

How Credit Card Payments Work

Payment Providers Supported by 4aGoodCause

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