What is an internet ecommerce merchant account?
An internet ecommerce merchant account is an online merchant account. A merchant account enables businesses to accept credit cards as a payment method for transactions, right at the time of the transaction and in the same setting as the transaction. An internet ecommerce merchant account does the same thing, except that it functions online. This means that online websites are able to process online payments, without any type of credit card information having to be called in or mailed in, or worse, brought to a physical location somewhere to be taken care of.