Hi, my name is Michael and I am starting an online business. However, I was wondering how the entire merchant account stuff works. What service are the companies offering? Do you have to have a merchant account? Also, I live in Canada, so do you know of any other specific lawas here? Thanks a lot for any information!
A good place to start is at www.merchantworkz.com . They have a lot of good articles about the ins and outs of obtaining a merchant account as well as a thorough list of merchant account providers.