Merchant Account - MID
MID (Merchant ID) is the "Merchant Identifier" that is issued by payment card processors when a merchant opened a processing merchant account.0
Used by credit card processors to locate the merchant and effectively assist the merchant.
MID is also used to monitor bank account transactions between a business and the merchant and to make sure that payment information is stored in a database.
When the merchant contacts customer support, providing the MID will allow them to immediately locate the business and retrieve data.
When a merchant closes an account, providing a MID will help to guarantee that the account being terminated is accurate.
The front of the terminal - Above the screen
Bank statement subject of debit and credit from the processing company
The top right corner of the merchant monthly statement
Contact the sales agent or the customer service team for information
What It's For
Used by credit card processors to locate the merchant and effectively assist the merchant.
MID is also used to monitor bank account transactions between a business and the merchant and to make sure that payment information is stored in a database.
When To Use It
When the merchant contacts customer support, providing the MID will allow them to immediately locate the business and retrieve data.
When a merchant closes an account, providing a MID will help to guarantee that the account being terminated is accurate.
Where To Find It
The front of the terminal - Above the screen
Bank statement subject of debit and credit from the processing company
The top right corner of the merchant monthly statement
Contact the sales agent or the customer service team for information
Updated on: 03/10/2023
Thank you!