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2,317 Shopify stores already joined the waitlist! Early access
perks live now.
A merchant account is a special type of bank account that lets businesses accept and process customer payments made via credit or debit cards. It’s essential for any ecommerce store or retail business that wants to handle card-based or digital transactions.
The account works as a temporary holding spot for payments before the money is transferred to your regular business bank account. Merchant accounts are typically set up through a payment processor or acquiring bank and require approval based on your business’s risk level and transaction volume.
Retail Merchant Account – For brick-and-mortar businesses with physical payment terminals.
Ecommerce Merchant Account – For online businesses processing digital payments.
High-Risk Merchant Account – For businesses in industries with higher chargeback or fraud risks (e.g., supplements, adult content, travel).
Offshore Merchant Account – For companies that want to process payments through a bank outside their country.
Mobile Merchant Account – For on-the-go transactions using mobile card readers.
Having a merchant account ensures that your business can accept a wide range of payment types securely. It also enables faster and more reliable access to funds, boosting cash flow and customer trust.
An online fashion store sets up an e-commerce merchant account with a payment processor to accept Visa, Mastercard, and PayPal payments from customers worldwide.
Choose a merchant account provider that aligns with your business type, offers fraud protection, and provides transparent pricing.
