What Are Internet Merchant Accounts?
Internet merchant accounts are designed to make it possible for a business to process credit cards online. This means the business can accept credit card payments without having the customer physically present to swipe his card and sign the credit card receipt. Instead, a business with an Internet merchant account can have his customers enter their credit card information via a Web site and then hit submit, send, or authorize. The payment is then processed automatically, without significant effort on the part of the business owner.
