If you’re thinking about accepting credit cards, you may hear the terms “merchant services” and “credit card processing” and wonder how they differ. Merchant services refers to the entire process of dealing with payments, while credit card processing is just one component of that. For example, merchant services can also allow you to accept other kinds of payments, such as debit cards, international payments, ACH/eChecks, mobile payments, digital wallet payments and more. 

Your merchant services account can also provide you with the payment gateway, terminal or point-of-sale (POS) systems, and software for both in-person and online transactions, along with security and compliance tools.