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Online Merchant Account - Costs and Alternatives
By Bruce Zhang


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Merchant Account Basics

A Merchant Account is a commercial bank account established by a merchant to receive payment via credit cards. Three parts are required to accept credit cards. Besides a merchant account, you need aa local bank checking account to deposit funds and a processing solution, such a terminal or web-based store front to take credit card payments. Online merchant account, or ecommerce merchant account, is a merchant account that can take credit orders on the Web.

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A Software Engineer skill set includes programming, multimedia and internet development, information systems and databases, computer hardware, mathematics, software development, website development, computing forensics, networks and operating systems.

Cost of Merchant Account

An online merchant account will boost your online sales, but merchant account incurs various types of cost. A merchant account usually requires a one-time setup fee between $50 - $100. Some merchant account providers waive the setup fee in promotion period or in conjunction with other services. Other costs include gateway fee, statement

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