Merchant Account is the agreement between a company
selling a product and the credit card company responsible for collecting
the sale. Marketers have merchant accounts with Visa, Master Card,
AMEX, etc. Companies new to direct marketing often have a difficult
time getting merchant accounts because of the risks in long distance
credit card transactions.
Merchant account discount fee
the percentage of every dollar that the credit
card companies charge the marketer for financing their credit card
transactions. Typical fees range from 1 to 4%.
I have relationships with the 3 top
merchant account service providers in the Direct Response business.
I can have you set-up with an account for all the major credit
card in a matter of days. These merchant providers also offer account
services for web site sales as well.