What is a Merchant Account?
A merchant account is the essential link between a customer’s card payment and an organization’s bank account. It acts as a secure bridge for transferring funds, whilst validating each transaction in real time.
The merchant account plays a key role in safeguarding revenue: it helps detect fraud and ensures that every ticket sale complies with current banking standards. It provides a guarantee of security and compliance for day-to-day financial management.
Several types of merchant accounts are available to meet the specific needs of each business. As services and fees vary from one provider to another, you can choose a solution that is perfectly suited to your organization’s business volume and objectives.
What is the difference between a personal merchant account and Thepointofsale.com'sThepointofsale.co.id's merchant account?
Personal Merchant Account
Avoid additional transaction fees charged by Thepointofsale.comThepointofsale.co.id. Pay only the fees agreed with your chosen provider.
Your income is received in real time or in accordance with the payment terms set out in the agreement with your banking partner, ensuring you have quick access to your funds.
Thepointofsale.com'sThepointofsale.co.id's Merchant Account
Simplify your ticket sales management with our merchant account, with transaction fees of just 2.90%*.
Avoid the hassle of setting up your own merchant account. For complete peace of mind, your earnings will be paid by cheque or bank transfer within a few days of your event.
*No tax applies
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