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Merchant Account Provider Meaning

The financial institution or fintech company (like Stripe, Square, or Adyen) that provides the merchant account and the payment gateway needed to accept sales. They act as the bridge between the merchant, the customer, and the massive global card networks.

These providers charge a processing fee for their services. They also provide risk management and fraud detection tools, using machine learning to block suspicious transactions before they even happen.

Choosing the right provider is a strategic decision for any fintech or e-commerce business.

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