A merchant account is a type of bank account that allows businesses to accept and process payments, primarily from debit and credit cards. It acts as an intermediary between the customer's bank and the business’s bank, facilitating secure and seamless transactions. Merchant accounts are essential for businesses operating in retail, e-commerce, and service industries, enabling them to offer flexible payment options. Features like fraud prevention, chargeback management, and multi-currency support make them indispensable for global operations. Choosing the right merchant account provider ensures lower transaction fees, faster fund settlements, and enhanced customer satisfaction.