The difference between a merchant account, payment gateway and processor.

Setting up an e-commerce website can be confusing because of the different industry terms and service providers used by an e-commerce business.  If you've ever been confused by the difference between a merchant account, a payment gateway and processor you are not alone.  Fortunately, in this discussion we break down the role each of those elements has in an e-commerce transaction, and also how each of them affect your overall processing costs.

Source:  https://www.merchant-accounts.ca.

Additional information:  https://www.merchant-accounts.ca/diff...