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  2. Merchant services - Wikipedia

    en.wikipedia.org/wiki/Merchant_services

    Merchant service providers work as an intermediary between the bank, a person or organisation wanting to receive funds and the person or organisation looking to purchase goods or services. The merchant service provider will provide businesses and individuals with the requirements to accept credit cards, debit cards, and other forms of ...

  3. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A merchant account is a type of bank account that allows businesses to accept payments in multiple ways, typically debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, independent sales ...

  4. Merchant bank - Wikipedia

    en.wikipedia.org/wiki/Merchant_bank

    Banking. A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage, it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in commodities, particularly cloth merchants. Historically, merchant banks' purpose was to facilitate ...

  5. When Does Merchant Banking Make Sense? - AOL

    www.aol.com/finance/does-merchant-banking-sense...

    Merchant banking offers specialized financial services to large corporations and high-net-worth individuals. The high-end services available through this type of financial institution aren't ...

  6. Payment gateway - Wikipedia

    en.wikipedia.org/wiki/Payment_gateway

    A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...

  7. What is a bank holding company? Definition and examples

    www.aol.com/finance/bank-holding-company...

    A financial holding company is a type of bank holding company that engages in financial activities outside the realm of banking. These include merchant banking services, insurance policy ...

  8. Payment service provider - Wikipedia

    en.wikipedia.org/wiki/Payment_service_provider

    They will often provide merchant services and act as a payment gateway or payment processor for e-commerce and brick and mortar businesses. They may also offer risk management services for card and bank based payments, transaction payment matching, digital wallets, reporting, fund remittance, currency exchange and fraud protection.

  9. Acquiring bank - Wikipedia

    en.wikipedia.org/wiki/Acquiring_bank

    An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant. [ 1] The acquirer allows merchants to accept credit card payments from the card-issuing banks within a card association, such as Visa, MasterCard, Discover, China UnionPay, American Express .

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