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Source: https://www.tumblr.com/merchantech/716837103569354752/payment-processor-vs-merchant-account-what-you?source=share

Category: Business

When accepting payments online, it is crucial to understand the difference between a payment processor and a merchant account. A payment processor is a third-party service that handles the processing of payments. A merchant account is an account established with a financial institution that allows a business to accept credit and debit card payments

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