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... SMEs pay 0.5 ~ 3.0% of annual guarantee fee (upfront) Average fee rate : 1.24%(as of 2015) ...
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... exists, typically after 30 days  Credit Limit based on credit rating, FICO score Debit Card:  Connected with a bank account.  Comes directly out of the account balance.  Account balance is $100. You make a purchase for $10, now your account then has $90 remaining ...
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... exists, typically after 30 days  Credit Limit based on credit rating, FICO score Debit Card:  Connected with a bank account.  Comes directly out of the account balance.  Account balance is $100. You make a purchase for $10, now your account then has $90 remaining ...
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Merchant account



A merchant account is a type of bank account that allows businesses to accept payments by payment cards, typically debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, independent sales organization (ISO), or member service provider (MSP) is also a party to the merchant agreement. Whether a merchant enters into a merchant agreement directly with an acquiring bank or through an aggregator, the agreement contractually binds the merchant to obey the operating regulations established by the card associations.
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