A database is
essentially a stored collection of information. This information, or data, is
constantly being changed or updated by users, and is, in a sense, a big virtual
file cabinet where all of your records or files exist.
The merchant discount rate is the rate charged to a merchant for payment processing services on debit and credit card transactions. The merchant must setup this service and agree to the rate prior to accepting debit and credit cards as payment.
A merchant account is an account that enables merchants to process online credit and debit payments. Your payment gateway processes online payments and deposits the funds from your credit card sales there. The funds are Read more…
A personal checking account is a single account owned by an individual and is used mainly for personal use and is operated by the sole individual who owns it. A business checking account can be Read more…