What is Merchant Account?
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A merchant account allows you to accept credit cards from customers at your business.   Once you have a merchant account, you then have to program your credit card machine (or software, or ecommerce site) with the merchant account information.  Now when a sale is made, the card is approved or declined, and the funds are deposited into your checking account.  Note: your checking account or bank account is different from a merchant account. There are rates and fees associated with accepting a credit card from your customers.  For example, if a customer uses a check card at your store for $100 and the rate is 1.39%, then $1.39 comes out and $98.61 is deposited into your account.  It costs money to accept plastic from customers.
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I do not know any case like that...! PayPal is one of the most popular online money transfer systems widely used for online auctions, pay to surf programs, e-books and purchase of  low value goods. It is now a part of the online auction website eBay. More details available at\n http://www.money-transfer.in/paypalindia.html
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merchant accounts, \ncompare at least 5 offers. your bank\nis one, \nthen look at the cost of 4 others, easy to \nfind when you do a Google search
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what details do u want.if u want to know what it means then it is simply trasfer of funds thru internet from one account to other
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Pay-Pal is a subsidiary of eBay and was established so that people could quickly transfer money to each other.  By establishing an account and linking it to your checking or savings account and/or credit card you can send and receive money for various transactions.
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Some take paypal, which requires a link to a bank account. But it is very limiting as most sites require a credit card.
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Paypal is now eBay's primary and preferred method of payment for its transactions. How it works is that you can either link a bank account to your Paypal acct or link credit cards. It doesn't necessarily save you money, but it is much more convenient.
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Two accounts of what? Please be more specific.
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Who is the account with now?  Check with them.  The big question is are you entitled to the account?
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If you can get a merchant account directly from your bank, do it. They offer the lowest rate compared to other merchant account providers -- even COSTCO. It's a little tougher and banks have more stringent requirements (some even require for copies of the business plan, while some outright denies merchant application of home-based businesses).
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When a merchant swipes your card, the deivce either dials up or connects to a server operated by the bank used by the merchant for credit card processing.  It in turn accesses Mastercard's account database to confirm the availability of funds.  \n\nAssuming funds are available, the merchant bank approves the transaction and posts an authorization or hold to the credit card holder's account.  This "hold" is only temporary until the actual transaction is processed by card holder's bank--just like a check.\n\nAt the end of the business day, the merchant will usually complete a process with their merchant bank to finalize or post all credit card transactions that day.  In this way, a transaction that may have been subsequently voided by the merchant will not be posted and the hold will usually be removed.  This is the case in some, but not all transactions.\n\nOnce the merchant bank receives the posted transactions, it credits them to the merchant's account, less a small commission of 2-3% that the merchant bank retains as its revenue for acting as the merchant's agent with Mastercard.  I believe the bank in turn pays a commission or fee to Mastercard for each transaction processed.\n\nAnywhere from one to three days following purchase, the physical credit card transaction is processed by the card holder's bank and the hold is removed.  Should the transaction not be completed, the card holder bank will eventually remove the hold--but it can often take 10 days for that to occur.
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In bookkeeping, you set up accounts for different expenses and income. \n\nA account used to track withdrawals, such as withdrawals from a partnership or proprietorship by a partner or owner is called a drawing account
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What's a merchant account business? \n\nI know that to start a business you need to register with your state so that you can show them your earnings every year and turn over any sales tax collected from in-state customers. Then you need to find out if your business is the kind that requires a special license like tattoo artists or food vendors. Then decide where you want to sell. To stores? From your own store? Online? Your approach will be different based on what you decide.\n\nOther things to consider:\nDo you have the money to get supplies and get started, or will you need a loan? \nDo you need any special zoning in your neighborhood?\nGet a workbook from a tax preparer that shows you what items to keep track of, for expenses and income.
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Trade debtors are persons who owe you money. When a person bought goods from you and tell you he will pay you another day it means that he become a debtor. At the same time you become a creditor - a person that let its customers to pay at a later time.
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http://www.cmpco.com/account/
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It depends on the auction.  Some sellers will accept Money orders, cashiers checks, credit cards.  It will say somewhere in the auction what type of payments are accepted by the seller.\nThe most popular ways are Bidpay and Paypal.  The merchant sets up an account with them to collect payments on their behalf.\nWith one of these accounts you can pay with a credit card or have it taken out of your checking account.  Free to sign up.
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I think TCash has a POS module.\n\nVisit http://www.turbocashuk.com/accounting-software-features.html