What is a Merchant Identification Number (MIN)?

A Merchant Identification Number (MIN) is a unique set of numbers or letters and numbers assigned to Merchants.  The Merchant ID is typically tied to a system database record that contains all Merchant-specific information regarding that particular Merchant.  This is provided by the bank or the Payment Processor.

Electronic Merchant Systems Payment Processing Glossary :

Defining key payment processing and merchant services industry terms to help business owners make better decisions.




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