A merchant account is a bank account that accepts payments in several ways.
Mostly used for businesses, merchant accounts can accept payments through several means, from debit and credit cards to cash deposits and transfers.
This makes it easier for customers to make purchases and pay through whichever means is most suitable or comfortable for them. For more information Checkout the brief guide to apply for the PayPal merchant account online. We describe all the possible requirements in the article to help you.