When eCommerce businesses started to conceive out of the realm of fiction and to fact, a merchant account became a reality that all eCommerce business owners needed. At that point of time banks were the only providers of merchant accounts. These accounts were treated as a license in order to accept credit cards or debit cards. As these cards were issues by banks only a bank could process the transaction using their extensive interconnected financial network. Slowly as payment processing become more and more in demand third party providers also came into the picture. Services like PayPal which are not banks and provide no banking services, started offering credit and debit card processing. The benefit was that a merchant had more options in as much as which merchant account they would use. At the same time they also had the option to go for les frills websites and simply put in easy links to enable their customers to make a payment.