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Third Party Merchant Accounts
Third Party Credit Card Processing is a merchant’s alternative to having a direct merchant account for processing online credit card transactions. In a Third Party Processing scenario, the merchant does not have their own individual account. They are outsourcing their credit card processing to a Third Party Provider. Customers can be redirected to the Third Party’s payment website via a link on the merchant’s website. Funds are then transferred directly from a customer’s credit card to the merchant’s bank account. This is a great solution for merchants that are just getting started with their business. Third Party Merchant accounts are easy to setup and maintain. In some cases, they can be less expensive than a traditional merchant account.
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