: Retailers often use payment gateways to connect their physical point-of-sale (POS) systems or online stores to their merchant accounts. Advantages for Modern Retailers
: These accounts do not accumulate long-term balances like a savings or checking account; their primary function is to facilitate the flow of money into the retailer's actual business account. account merchant retail
: When a customer pays via credit or debit card, the merchant account verifies the details, processes the transaction, and secures the funds from the customer's bank. : Retailers often use payment gateways to connect