An account at a financial institution into which payment card receipts are deposited is a:
A) payment gateway
B) storefront software
C) merchant account provider
D) merchant account

Question

Quizplus · Accepted Answer

A merchant account is a type of bank account that allows businesses to accept payments in multiple ways, typically debit or credit cards. A merchant account acts as an intermediary between the business's bank account and the payment processor, facilitating the transfer of funds.

An Account at a Financial Institution into Which Payment Card