by Karisse Hendrick
One of the most important steps in launching a web-based business, product or application that accepts credit card payments is setting up your merchant account. Your Merchant Account Provider is one of the most important business relationships you’ll have, as this partner will process and fund your customer transactions.
The process of selecting a merchant account provider can feel overwhelming, even for those who have been through the process before. The people who understand the process best are often those selling the service, which complicates matters even more. The purpose of this article is to help you become familiar with the terminology and the process in order to make the best choices for your business.