What Exactly Is A Forex Trading Merchant Account?
August 4, 2022 ⚊ 1 Min read ⚊ Views 183 ⚊ FINANCEIn reality, they are a little more complicated, because the nature of credit card transactions is a little more complicated. What merchant accounts really represent is a contract between you, the customer’s bank, your bank, and your credit card processor. When a customer purchases one of your products (congrats!) and pays with a credit card. Your credit card processor (more on them below) sends the transaction to the credit card interchange. It then routes it to the customer’s issuing bank for approval.
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