What is a merchant identification number?
A Merchant Identification is a Unique Number Offered to the Merchant by the Payment Processor. This may be numeric or Alphanumeric. Merchant must remember this number as its very critical for the operation of the processing account. This number is also used while integrating the merchant's website with the PSP Payment gateway interface.
In the integration process, the most common elements that are needed are listed below
There are few places where you can locate the Merchant Identification Number
In the Merchant Account Dashboard Profile section
In the Processing statement
In the approval agreement that you may have received from the acquirer
Need any help with any Merchant account provided by our Partner PSP then feel free to ring us.
Related Articles
How do you find your merchant account number?
Finding your Merchant account number should not be a challenge. Below mentioned are few quick ways that may help you to find your merchant account number/MID/Descriptor. You may find the Merchant Account number on the confirmation email you got from ...
How do merchant accounts work?
Merchant accounts work in a very simple way by providing a unique response to all parties involved. The Merchant account co-ordinates with multiple parties including Customer or the Card Holder Merchant Merchant Account Aquireer Card Brand ...
What is an internet merchant account?
What is an internet merchant account? An internet merchant account allows a business to accept payments by Credit and Debit Card. This solution is offered by Merchant account providers and Acquiring banks. An internet merchant account can be easily ...
How do you set up a merchant account?
To get a Merchant account for your business you should follow these steps. (We assume you have a company and a Business Bank account) Create a Website List all products and services with precise and specific product/service description Add the Policy ...