What is a merchant services account?
When your business needs to accept credit card payments, a merchant services account will enable you to
process payments from a much larger number of prospects. A merchant services account typically requires a
credit card machine or terminal used to swipe the card, as well as an account with an issuing bank that
processes the actual payment.
QuickBooks provides an easier, cost effective alternative to traditional merchant services for a small business — accepting credit cards can be as simple as entering in the credit card and customer information directly
into QuickBooks.