What is a merchant account? 
 
A merchant account is a business account that gives a organziations the ability to accept credit card or debit cards in person, through the Internet or over the phone.
 
What makes an merchant account different? 
 
Merchant accounts are setup to handle the specific requirements of lawyer-client transactions set forth by the ABA and State Bar associations. Your trust and operating accounts are kept separate so there is no comingling of funds. All deposits go into your trust account and all debits, charges and chargebacks come out of the operating account.
 
Can I set up separate Operating and Trust Accounts? 
Setting up separate operating and trust/escrow accounts with fees only deducted from your operating account.
 
What is PCI Compliance? 
 
The Payment Card Industry Data Security Standard (PCI Compliance) is a set of requirements for securing and protecting credit card information. The guidelines were developed in 2006 and are enforced by all major credit card companies. Every year, credit card companies require businesses who accept credit cards to complete a self-assessment questionnaire (SAQ) as a way to evaluate the security of the organization. 
 
Do I need to open another bank account? 
No. Funds can be deposited to any existing U.S. checking, savings or money market account.
 
What is an Automatic Clearing House (ACH) payment? 
With this type of payment, funds are drafted from the client's checking account. An electronic payments made through the Automated Clearing House (ACH) Network.