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What is a Merchant Account – Everything You Need to Know

Cashless payments are increasingly becoming the most popular payment method, although cash is still present. Paying with credit or debit cards is much more convenient and fast. If you run an enterprise, you surely already have or are in the process of getting a merchant account (MA). But what is a merchant account? Besides the fact that you need to have one, how much do you know about your options and the expenses associated with them?

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