Creating A Third-Party Merchant Account
To repeat, a Merchant Account takes credit card information from your customer, processes it, and then deposits the money into your associated bank account.
You can decide to go with a Third Party Merchant account like PayPal, Google Checkout or CCBill. With these services, you don’t need a Payment Gateway or your own Merchant Account. These services are an all-in-one provider. But, the per transaction fee is higher than having your own merchant account combined with a payment gateway.
Third Party Merchant Accounts are suitable for businesses that only have a few items to sell or if all you want to do is accept payments for services online. You can call any of the above companies, and they will run you through their charges. I highly recommend you do this, so you feel confident in your decision making.
Just so you know, there is often not perceived the same level of professionalism with these services as having your own Merchant Account and Payment Gateway.