If you want to get paid for products or a service you provide, you’ll need to accept payments online. The most common way is accepting credit cards. You can accept credit cards directly or through a Paypal or a Google Merchant Account
In simple terms, a merchant account is a business arrangement between you (the merchant) and a credit card processor that allows you to accept credit card payments from customers. The processor sets you up with the necessary technology, handles the authorization of your sales transactions by the issuing bank and deposits the proceeds into the designated bank account.