How to What is a merchant account and why do I need it to accept credit cards on my website

If you are new to ecommerce or to online business in general you will most often quickly ran into a lot of questions while it comes to payments for your services and products, now the first thing you might do is to make a search on google or similar search engines

Now I found a great guide which will explain you the questions addressed above. What you need to know about Ecommerce 2009 - TopTenREVIEWS

Another important thing is that once you have found out what exactly you need, you will have a look at which payment processors and banks are reliable and able to help you not just with the merchant account but also with the integration of the payment gateway to your website.

Now when you start to look into accepting payments on your webiste you will also quickly find yourself lost when it comes to the question, which payment methods do I need to accept on my website, the quick answer is, Visa nd MasterCard are the most common next to PayPal...

If you are new to ecommerce or to online business in general you will most often quickly ran into a lot of questions while it comes to payments for your services and products, now the first thing you might do is to make a search on google or similar search engines, and believe me you will quickly end up with more questions then before you made the reasearch.

The most commong terms when it comes to credit card processing and to accept payments on your webiste are the following:

Merchant Account
Payment Gateway
3rd Party Payment Processor
Underwritter
ISO
MSP
Acquiring bank
e-wallets

Difficulty: Moderately Easy