Feb. 4, 2021
The difference between business and merchant accounts: what to choose
Many types of accounts cover pretty much everything that people look for – from checking and brokerage to savings. But what about the basics? That’s right, today we’re talking about business and merchant accounts! You see, not all clients are sure if they need both of these accounts, and what their purpose is. That’s what we will talk about in this Genome article. What is a merchant account? Do you need one for a business? A merchant bank account is a type of bank account that allows companies to accept electronic payment transactions for their goods and services. So, if