Erec 2006 Blog

Internet Merchant Accounts for free

January 22nd, 2008

Ecommerce has made tremendous strides during the past decade. The very nature of Ecommerce based transactions require that the buyer pays in an electronic form. Credit cards, Debit cards and electronic checks are the most preferred forms of payment that are used over the internet.

Internet merchants require an Internet merchant account with a bank in order to accept credit card as a means of payment. A number of service providers which provide merchant accounts are giving away merchant accounts for free.

The service providers charge a certain percentage of each transaction as their fee. These merchant account providers do not charge anything for setting up the merchant account.

Entry Filed under: Business