Merchant account is a kind of bank account allowing businesses to accept payments by check cards, typically debit or charge cards. A merchant account is established under an contract between an acceptor and also a merchant acquiring bank to the settlement of check card transactions. A merchant account can provde the status, connections, and equipment to advance to the ranks of this professional entrepreneur. You will be aware your business is ready just for this step if you are no longer enthusiastic about a cash-only check system.