A bank account that allows businesses to accept payments, usually via a debit or credit card. A merchant account is established under an agreement between a merchant (trader) and a merchant bank for the settlement of payment card transactions. The agreement ensures that merchants follow operating rules established by card associations, like Mastercard or Visa. A middleman between the merchant and the bank facilitates transactions and routes credit card information to the right payment networks and merchant accounts.
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A cadre of associates that deliver short consultations and project-based business services to both SMBs and larger businesses. Their expertise includes business change, business development, business planning, digitisation, ESG integration, financial markets, green finance, leadership development, marketing, regionalisation, risk management, valuation and more.