A merchant account is an essential element of any online business. A merchant account on your website will allow you to accept plastic card payments on your website, and this is the most popular method of payment.
Depending on the chosen merchant provider, Apple and Google pay as well as other payment methods may also be available. At the same time, the process of connecting a merchant account is quite complex, as it always needs to pass the compliance check of each merchant provider. Our team knows how to get all the steps of the process right in the shortest possible time.
A merchant account allows you to have full control over all incoming payments from your customers. You can view all incoming payments at any time and have full accountability. A merchant account is an additional guarantee of payment security, because the merchant provider uses all necessary technologies to identify the customer, which reduces the risk of fraud.
A merchant account makes your business more competitive as you accept payments from customers in a convenient way. We work with a large number of merchant providers and will find you the most suitable rates, the lowest fees and low chargeback penalties. We also help clients with high-risk activities (forex, gambling, cryptocurrencies) to arrange on-site acceptance of card payments.
Whether you’re selling online courses, gambling or selling goods online, our team will find the best solutions for your business.
✔️ What is a Merchant Account and why do I need one for my business?
A Merchant Account is a special business account that allows companies to accept bank card payments online. It is required to process transactions and receive payments from customers through payment systems.
✔️ What documents and conditions are usually required to open a Merchant Account?
Documents and conditions for opening a merchant account may vary depending on the payment system and service provider. Usually, company incorporation documents, bank details, a description of the business and its model, as well as compliance with security and legality requirements are required.
✔️ How long does it take to open a Merchant Account?
The process of opening a merchant account can take anywhere from a few days to a few weeks depending on the service provider and the complexity of the business. Some payment systems may require additional verification and risk assessment.
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