Merchant Services
April 30, 2019
What Is a Merchant Service Account in Canada?
Learn what a merchant service account is, the difference between aggregated and direct accounts, and how Canadian businesses can accept card and ACH payments securely.
What is a Merchant Service Account? A merchant account is a type of bank account that allows businesses to accept payments in multiple ways, typically debit card, credit cards and ACH (Electronic Checks).There are two main types of merchant accounts: 1) Aggregated Merchant Account 2) Direct Merchant Account. Aggregated Merchant Account: An aggregate merchant account is one that combines several companies. For this account, every retailer will still need to offer some info about your company but being part of an aggregate merchant account is much less complicated. PayPal, Stripe, Square are examples of aggregated merchant accounts to their customers. There are several disadvantage to aggregate merchant accounts. One of the most common is a fixed or flat rate, which can be much higher. Speak to one of CARDZ3N representatives for more details. Direct Merchant Account: This is an account that the account provider has exclusively established for the merchant. A “Dedicated” merchant account is more or less like your own internet-based bank account set up purposely for your business. A dedicated merchant account, a retailer can discuss custom rates for their firm. The rates usually depend on how much in sales volume you and the type of products you sell. Contact Us Today!
CARDZ3N (702) 623-3528 contact@cardz3n.com
Every merchant's processing setup is different, so the right answer depends on your industry, sales channels, average ticket size and chargeback history. CARDZ3N's payments specialists review those details with you and match your business with the right sponsor bank, gateway and risk tools, whether you sell online, in store, by invoice or on a recurring subscription.
We work with merchants across the USA, Canada, the UK and the EU, including high-risk, B2B and fast-growing businesses that traditional processors often turn away. If you would like a second opinion on your current rates, contract terms or approval options, contact our team for a free, no-obligation processing review.
CARDZ3N Inc is headquartered in Las Vegas, Nevada, and provides merchant services to businesses that traditional processors turn away. Backed by top-tier sponsor banks and processors, CARDZ3N combines institutional stability with the speed of a specialized team that understands high-risk industries. Services include high-risk account underwriting and placement, gateway solutions across the major gateway platforms, POS integrations, ACH and check processing, chargeback prevention through ChargebackZ3N, and business lending and working capital. Its AerospacePay division serves OEMs, MROs, FBOs, and repair stations with B2B and B2G payment processing. CARDZ3N serves merchants in the USA, Canada, the UK, and the EU.
9/30/2026
MATCH List (TMF) ExplainedStart protecting your revenue from chargebacks today — schedule your complimentary consultation with CARDZ3N's Canadian dispute management specialists.