Also known as eCommerce merchant account processing, online merchant account processing allows your small or large business to easily accept all major credit. A merchant account is a specific type of bank account that allows merchants to accept payments. Typically, a merchant account is used for credit card processing. Recommended Payment Service Providers. If you use an all in one payment service provider you only need a bank account to accept payments. Stripe; PayPal; Square. Best merchant services · Stripe: Best for global payments. · Square: Most flexible. · Helcim: Most affordable. · Paysafe: Best for high-risk businesses. · PayPal. Some of the best merchant service providers include Leaders, Payarc and Promerchant. Merchant service providers offer a range of functions, products, and.
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