{"id":2840,"date":"2016-10-14T10:40:21","date_gmt":"2016-10-14T14:40:21","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=2840"},"modified":"2023-04-21T11:32:49","modified_gmt":"2023-04-21T15:32:49","slug":"merchant-account-loan","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/merchant-account-loan\/","title":{"rendered":"MERCHANT ACCOUNT IS A LOAN!"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.nationaltransaction.com\/\">Merchant <\/a>Account is a LOAN!\u00a0<\/strong><\/p>\n<p>Merchant accounts are not depository accounts like checking and savings accounts;\u00a0they are considered a line of credit. Therefore, when a customer pays with a credit card; a bank is extending credit to that customer and also making the payment on his\/her behalf. As for processors or payment providers; they pay merchants before the banks collect from customers and are therefore extending credit to the merchant, that\u2019s why Merchant account is considered as a LOAN.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merchant Account is a LOAN!\u00a0 Merchant accounts are not depository accounts like checking and savings accounts;\u00a0they are considered a line<\/p>\n<div id=\"more-button\"><a class=\"btn btn-more excerpt-more\" href=\"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/merchant-account-loan\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":3714,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69,355,139],"tags":[199,224,21,608,423,84,25,27,2666,808],"class_list":["post-2840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-practices-for-merchants","category-financial-services-2","category-travel-agency-agents","tag-bank","tag-credit","tag-credit-card-2","tag-customer","tag-loan","tag-merchant","tag-merchant-account-2","tag-payment","tag-payment-providers","tag-processors"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=2840"}],"version-history":[{"count":3,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2840\/revisions"}],"predecessor-version":[{"id":3716,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/2840\/revisions\/3716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/3714"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=2840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=2840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=2840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}