What is a merchant account?

A merchant account is a type of bank account that allows you as a business to accept and process payments from customers. It acts as an intermedairy between the customer's bank account and your bank account, facilitating the transfer of funds.

Why do you need a merchant account?

A merchant account is an essential component for businesses looking to accept credit, debit card and online payments. By establishing a marchant account you gain the ability to securely process and manage these transactions, allowing you to smoothly run your business operations while offering conveniant payment options to your customers.