Reseller vs merchant account | Your Merchant Services Rep

Reseller vs Merchant Account When you're looking to get your business up and running, it's always good to have a solid understanding of the options available to you. In the world of payment processing, that means knowing what a merchant account is and how it compares with other types of accounts. A merchant account is a service that allows businesses to accept credit cards in exchange for goods or services. A reseller account is similar but provides added benefits like more control over pricing structure and additional support services. Definition of a Merchant Account A merchant account is a financial account that allows you to accept credit card payments. A merchant account is usually offered by banks and credit unions, but some online payment processors also offer them. A merchant account can be free or low-cost, but there's usually a monthly fee for having one. Definition of a Reseller Account Reseller accounts are perfect for small businesses that don't have enoug...