Welcome to the Merchant Warehouse Glossary. This section has been designed to provide easy to understand and meaningful definitions to common phrases and terms used in the payment and credit card processing industry.
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Keyed Entry Merchant Accounts
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A “keyed” account, more properly referred to as a Keyed Entry Merchant Account, is one in which businesses process customer payment cards by manually keying the information into a credit card terminal/machine, an Internet-connected computer or an online (“virtual”) system...