Merchant

A business that trades in commodities produced by others.  Online merchants can provide various services to sellers, such as:

  • “e-commerce” (eg. amazon, ebay, ecrater, or etsy) with retail space (the store front) and shopping resources needed to sell online (eg. shopping cart or advertising).
  • “merchant accounts” (eg. paypal or square) where payments are processed through credit card companies (eg. Visa or MasterCard) and banks (where your checking account resides).

 

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