International merchant accounts are simply bank accounts that allow companies to receive credit and debit card payments. They are marketed by traditional banks as well as through payment processing companies, and merchants who lack the commercial credit history or resources needed to open their own merchant accounts can use an aggregator service like PayPal.
In addition, merchant accounts typically provide a host of small business solutions, which allow for the automated acceptance and processing of payments, the prevention of fraud and the tracking of payment trends.
There is no difference between an international merchant account and a traditional merchant account. People refer to merchant accounts as international merchant accounts when they desire the ability to accept payments from around the world. International payments are subject to higher processing fees than domestic payments because of the higher risk of fraud and chargebacks.
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