Find recipes, tips and techniques for cooking with pasta from Giada, Ellie and more Food Network chefs. Giada's Pasta Picks.ind recipes, tips and techniques for cooking with pasta from Giada, Ellie and more Food Network chefs. Giada's Pasta Picks.
Definition: A merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. So a merchant account is an agreement between a retailer, a merchant bank and payment processor for the settlement of credit card and/or debit card transactions.f you already have a merchant account, you'll probably notice that another difference between the two is the fees; typically, the Internet merchant account fees are higher because of the assumed higher risks of online payment (as opposed to a face-to-face credit card or debit card transaction).
1 There's usually and additional per-transaction fee of 20-70 cents. 2  Whether a credit card sale is $20, $200 or $2,000, the transaction fee remains the same.3  And if a customer wants a refund processed through their credit card, there's usually a chargeback fee of $10-$20. A merchant account service earns a commission (called a discount rate) on every credit card transaction processed through it; usually 2 percent to 4 percent, though some advertise at 1.7 percent and others range up to 5 percent or more, especially for a new business with no track record or a poor credit history.