To get a merchant account, one must submit an application with a merchant account provider. Gaming merchants are businesses that handle transactions for both online and offline gambling companies. In terms of your merchant account requirements, make sure you have sufficient funds in your business accounts. Make sure to have your business info available to set up your payments profile. Once you have all the requirements, you can fill out an application for a CBD merchant account. Due to the high-risk nature, online gaming merchants face many problems while finding a stable payment processor that fulfils all their business needs and requirements. QuadraPay brings to you No Tantrum Gaming Merchant Account. There are several type of fees attached to accommodate to the financial loss from the Acquirers. iPayTotal specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. Click to continue reading gaming merchant account and high risk merchant account. Fees also vary by provider and in most cases, pricing is set individually for every merchant. Make sure to include a link to your website. Credit Card Processing For Small Business. But as mentioned, online gambling companies and other business entities like eCommerce, subscription-based services, forex, and exchanges also fall under the high-risk category. In this case, Online. Range of documents to open an online gaming merchant account. Easy and smooth Payments. Under "Payments profile," click the down arrow and select Create payments profile. Host Merchant Services: Best for large high-risk businesses. com | Apply now - Online Gaming, Online Casino Payment, Payment Solutions. While gambling laws are. Your merchant account receives funds and credits your. Make your company successful with a multinational merchant account for efficient business dealings. It will typically allow payments to be made via credit and debit card. List or sell your products for free to reach shoppers across Google. Open gaming merchant accounts. However, the general steps are similar; Identify the right payment processor. Requirements for Getting a Merchant Account. Full legal package: AML framework, Compliance officer and policies, Audits under new regulation, IT audits. Licensing requirements vary, for example in Curacao there is one gaming license to cover all forms of online gaming and in the UK you need an operating license and a personal. You can also contact us online. The industry is booming with so much growth and potential that it is expected to reach over 127 billion by 2027. It's easy to open an account with Square. Merchants need merchant accounts that can handle high volumes of transactions quickly without compromising security or. In order to get and maintain good standing with your service provider, you must meet. top of page. Its job is to enable payouts and player rewards, as well as to take deposits and payments. We've mixed the best PSPs below. Gaming and interactive entertainment are considered high-risk businesses, which means service providers are frequently ineligible for merchant accounts at numerous sponsoring banks. If you intend to run an online gambling platform, you will need a gambling merchant account. The acquiring bank routes this information to the relevant card. eMerchant Authority’s Online Gaming Merchant Options. Gaming is a platform that may be used in a variety of ways. Payment Gateways for Online Gaming. The hardest part for online casinos is obtaining online gambling merchant accounts for credit card processing. Most merchant account providers also offer. I am a top international payment processing service provider, such as- high risk payment gateway , high risk merchant account, offshore payment gateway in different different industry- Forex, Casino & i gaming, IPTV Payment gateway,Adult industry etc. High Risk Merchant Account Specialists - From small businesses to Fortune 500 enterprises, organizations nationwide have trusted us to handle their high risk merchant accounts. Our solutions are from direct gaming acquiring institutions. Its features include the essence to render the best possible services in the entertainment sector to the Gaming merchants. Stripe: Best for owners of multiple businesses and brands. Having an offshore gambling licence, a legally owned domain address, an operational gambling company and gaming bank accounts, gambling merchant accounts, certified software, and game providers are essential. 5% from 2020 to 2027. If you run a solely electronic venture or make sales using in-person card machines and a website, you’ll need to use one. To acquire an online gaming merchant account. If the provider you’re researching reports regular downtime, this can prevent you from doing business effectively. Submit your requirements in the form and speed-track your approval! Or contact our representatives at (+44) 20 32862655 for enquiries. Provide processing statements for the last three months. To process credit card payments effectively and efficiently, businesses need to turn to Casino Merchant Service providers to obtain a casino and online gaming merchant account. A lot of standard merchant accounts have no contract. This phenomenon, known as iGaming, has evolved into a multibillion-dollar industry while still being in its infancy. Obtaining an online gaming merchant account isn’t easy. Web based gaming is a general term that is utilized to portray any type of an electronic amusement that is played over the web. Visit the processor’s website. Specializing in high risk merchant services, Instabill has been providing e-commerce businesses with a wide range of credit card processing solutions for more than a decade. On this page. This makes. Online gaming merchant account needs just the merchant ID and password to operate. In order to limit risk, certain. GAMBLING & GAMING MERCHANT PROCESSING eData Financial Group International As a payment processor located also in the European Union, EU eDataPay has built an extensive network of banks and financial partners. 1000 transaction, payment processor with deposit Rs. What is the skill gaming? Skill gaming can be described as a game based on mental or physical abilities, rather than chance. These providers typically charge higher fees and may have stricter underwriting requirements compared to traditional merchant account providers. Traditional banking solutions are often unwilling to take on the risks associated with these industries, which is why specialized merchant accounts are necessary. Steps to get a Gaming merchant account! Step 1: The first step is to sign up with us. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop Games. Revenue sharing (rev-share) which is calculated on the profit that the gaming site earns from the wagers placed by the customer, and lasts for as long as the customer remains on the gaming sites books. Jane pays for her coffee by touching her contactless card to the card reader. You’ll get approval for a casino and gaming merchant account in just 24 hours. Thus, eMerchantPRo provides a complete support and assistance for your online Gaming Business. Level 1 PCI. This has allowed us to offer gaming merchant account and gaming payment processing services. A Merchant Category Code (MCC) is a four-figure number used to categorize business entities according to the type of products or services the company offers. Gambling merchant accounts must follow PCI-DSS, CVV , fraud scoring, SSL, and 3D secure authentication to safeguard businesses. There are a huge number of players around the globe who battle, purchase, specialty. PowerPoint Templates. Certificate of Formation. Glitches like unexpected server shutdowns cost you money and irritate customers looking to buy from your company. – Adult Magazines. It takes up to 16 weeks for the United Kingdom Gambling Commission to review the application. Gaming, like most players, provides small achievements, rewards, competition and social collaboration in a w. They help legal online gambling merchants to accept credit card payments safely and efficiently. The online gaming market is growing rapidly, and gamers are more aware than ever of what can be expected from infrastructure providers and gaming platforms. Heads the world over have consented to see merchant accounts to interface with them to bring more customers into their client base. Due to the nature of the gambling industry, obtaining a gambling merchant account involves specific requirements and considerations, which is why most gambling businesses opt for a specialized. 2. Fill out the CBD merchant account application form. As a starting point, you must provide the following: These are needed in order to start a merchant account. Step 2: You will be asked to fill out the application. A gaming merchant account will accept the payments from the players through their debit or credit cards. Google Merchant Center is a tool that helps you upload your store and product data to Google and make them available for Google Performance Max campaigns and other Google services. A financial contract between your business and the bank will create and authorize the merchant account to exist. Application forms. Industry-leading merchant services for online game publishers. The best bank account for gambling businesses must be able to receive money from the business’s merchant account; accept multiple currencies; allow online banking; provide a debit card and multiple signature rights to the account. We at HRG will help you get the Online Gaming Merchant Account that will allow you to safeguard your business transaction by providing a safe and secure payment transaction. Online Gaming Merchant Accounts . Although we still have the forerunners of online dating such as Match. WRITTEN BY: Anna Lynn Dizon. A gaming or online casino merchant account can build up your plans everything considered. Chargebacks are mostly seen in debit and credit card transactions. Few Things Keep In Mind Before Submitting The Application For A Merchant Account. Details of your employees including criminal records and personal details. 01 Online Gaming Processing As online gaming businesses evolve with the integration of app games and smartphones, accepting debit and credit cards becomes a natural and. General Issues With Online Gaming Business Merchants. To acquire an online gaming merchant account. The issuing bank (a. Purchase your next favourite publicationChargebacks – One of the main obstacles online gaming companies face when applying for a merchant account or payment service provider is chargebacks. But as mentioned, online gambling companies and other business entities like eCommerce, subscription-based services, forex, and exchanges also fall under the high-risk category. With an international merchant account, businesses can expand their customer base and tap into new markets without the limitations of accepting payments only in their local. Your account needs to be secure to process cards online. Amald. Once a card payment is processed, your funds will be deposited in your merchant account and will be held there until you. Challenges that gaming merchants come across with. Go to the Payments settings page ( Setup Payments profile ). If your business is an LLC, you’ll need to present your articles of organization to your merchant service provider, while corporations are required to provide articles of incorporation. Merchants trading in online gaming requires an online gaming merchant account. Despite the fact that gun dealerships are viewed as high risk, the identification process and paperwork. Step 1: Evaluating the suitable jurisdiction and offshore gaming license requirements. Gaming Merchant Account Requirements Merchants that are applying for gaming merchant services are going to need to provide a number of different documents for underwriting. Here is a list of the documents that the merchant must provide:With the sharp rise in e-gaming popularity, Instabill can offer online gaming merchant account solutions – domestic and offshore – with competitive rates. ProMerchant: Best for High-Risk Businesses. But you may have been thinking that what it has to do with a gaming merchant. . Social gaming. Get a High-Risk Merchant Account in India effortlessly; Offshore payment gateway | Best suited for eCommerce businesses; Credit Card Processing: Accept Online Payments SecurelyOctober 29, 2022 by Josaphine. Your gaming merchant account may also be compatible with the world’s most popular currencies. When you have a designated bank account for your business, it speaks volumes about the seriousness of your business. Advantages and Limitations of Stripe as a Merchant Account Provider. 1. We offer the best price & service. Once approved, the merchant account deducts the transaction amount from the customer’s credit card. Everyone, from small children to adults, has their own game obsession. Your merchant account receives funds and credits your. ePay global understands the basic requirements of online gaming whether it is an online casino, poker, social game, skill game etc. The industry has been. Learn about online gaming merchant accounts, top high risk payment processors, and expert tips to keep your igaming business running smoothly. Depending on. Click Create payments profile. To open a business account for a gaming business there are unique requirements. If you still have questions regarding what we can do for you, give us a call at 1-888-548-5649 so you can converse with one of our merchant account managers. Merchants that are applying for gaming merchant services are going to need to provide a number of different documents for underwriting. However, there are some challenges associated with accepting payments at an online gaming site. Online gambling, is commonly known as gaming within the merchant services industry. 7 billion gamers around the globe. Card payments are the greatest source of your cash flow. Mainly on mobile phones and laptops. transactions, among others. We are the financial firm and offer a solution to the merchants who are in the business of online games. Your merchant account communicates with the customer’s card issuer to confirm the transaction. The Best Merchant Account Service Providers of 2023. The requirements for a gambling license vary in different jurisdictions but there are a few basic requirements. Step 2: You will be asked to fill out the application. On top of this, merchants can also be subjected to a $5 or $25 penalty fee. 2023: New License procedure: New Curacao gaming license applications, application submission, Document collection, document preparation. You need three separate accounts to run local inventory ads: Merchant Center, Google My Business Locations, and Google Ads. Requirements. Caters for: gambling, gaming (both online gaming merchant accounts and online gaming payment gateways); cryptocurrency (enables cryptocurrency exchanges to accept payments on their websites through credit and debit cards. A merchant account is a special type of bank account that makes it possible for businesses to accept multiple payment types. Gaming is very similar to casinos. Obtaining an online gambling or betting license is a necessary step when starting any gambling business. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Payment processing for online gaming merchants. high risk merchant accounts for the online gaming and interactive entertainment industry. Businesses that plan to operate in the US need to register with the relevant government authorities before opening a merchant account. As soon as you’re approved, SecureGlobalPay can set up chargeback management tools and a payment gateway. Affordable and customized payments solution with 120+ payment options and 29+ currencies. 7. The time from initial application to having the UAE merchant account operating is approximately three weeks. This can be proven with a valid business license. So, one must provide. Customers provide their credit card info, and then the payment gateway passes the information between the selling business, the customer’s bank, and the seller’s bank, either approving or declining transactions along. Gaming Merchant Account for Gaming Merchants in the United Kingdom. It can be a beneficial and essential step to take by gaming. Contact us in WhatsApp below We specialize in merchant services for online gambling businesses, helping you open and manage your online gaming. Online gaming has been increasing in popularity for many years and continues to grow fast. Supporting gaming corporate services. Financial statements. Services to high-risk business owners are comparatively expansive than low-risk businesses. PayKings Provides Online Gaming Merchant Accounts. Luckily, PayMystic’s expanded network of banking. Q: What is a high-risk merchant account? A: A high-risk merchant account is a type of merchant account specifically designed for businesses considered to be high-risk. 98% Approval Rating. These industries include online gaming, gambling, adult entertainment, forex trading, IPTV, and more. Data shows that global online gaming traffic alone is expected to climb from 20 percept annual growth to 30-40 % annual growth. An international merchant account is a type of bank account that allows businesses to accept payments from customers around the world in multiple currencies. You will then be directed to the business registration page. Once you have these documents, the next step is to get an employer identification number (EIN). Step 1: A customer buys a product or service either online or in-store. This feature combined with the real-time processing means results in merchant services that can’t be. Account Set-up: Merchant maintains two nodal or escrow accounts; one for deposits and one for withdrawals. You’ll get approval for a casino and gaming merchant account in just 24 hours. And when the players win the reward, the gaming merchant sends the money to the players from this gaming merchant account only. Merchant Accounts: Specifically tailored for businesses that deal with a high volume of transactions, like online gaming platforms, these accounts help in processing payments from customers seamlessly. Take your time to evaluate the existing options in terms of the quality of services offered and price. 54 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11. It acts as an escrow, holding the funds until they are approved for. Your merchant account communicates with the customer’s card issuer. Open a business bank account for your gaming company. If you are planning to operate an online gambling platform, you are going to require a gambling merchant account. Whether you run an online casino, sell video games or virtual goods, or offer in-game currency and subscriptions, having a gaming merchant account is essential. Step 2: The customer’s card details are sent to the merchant account with details of the purchase. Usually, a merchant account is ideal for credit card processing and eCheck processing. When you begin your payment processing. What is the Online Gambling Merchant Account? A gambling merchant account is similar to a regular bank account as it allows you to take, hold and withdraw funds that you received from gamblers. So, drive it into an incredibly profitable business by acquiring an online gaming merchant accountin Europe (Albania, Malta, Cyprus, Netherlands, Italy, etc. Not all merchant services providers require a merchant account. Turn expectations into a reality. We work with a large, trusted network of acquiring. Why ePay Global for Social Gaming Merchant Account. The world of online gaming is continuously growing, and it does not look to get slow shortly. better service. To work above board, you will need the Federal Firearms license to begin the process for your online firearm merchant account. The gaming market was estimated to be worth $21. Use an official language. Sign in to Play Console. It is labelled as begin highly risky by majority of account providers online. A Gaming Merchant Account is a dedicated business banking account which allows smooth transactions when operating in a high-risk industry. A gaming merchant account will accept the payments from the players through their debit or credit cards. A merchant casino account is a credit card processing account that serves online gaming companies in particular. Credit Card ProcessingiPayTotal specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. It supports businesses of all sizes, offering both standard flat-rate and interchange plus pricing. An online gaming merchant account is a payment processing account devoted to online gaming businesses. Friendly & Professional. These are important to look out for before giving green light to online gaming merchant accounts. While gambling laws are. To set up the Google & YouTube channel, you need to have a Google account and a Google Merchant Center account. High-risk businesses can expect processing rates of 3. Payment processing for gambling is critical to your operations; without it, you cannot accept deposits. A: A casino merchant account enables online casinos to accept various payment methods, including credit and debit cards, e-wallets, bank transfers, cryptocurrencies, and prepaid cards. It has several beneficial features that run to complete operations faster. One way to open a merchant account is to visit a bank branch but if this is too time-consuming and inconvenient it is also possible to open a merchant account online. In most of the scenarios,Obtain the new Curacao Gaming License and convert your Sub-License to the new Master-License. Take a look at the specified range of documents one should collect to open an online gaming merchant account: Certificate of incorporation. A gaming or online casino merchant account can build up your plans everything considered. Due to the nature of the gambling industry, obtaining a gambling merchant account involves specific requirements and considerations, which is why most gambling businesses opt for a specialized. 1. Summary of steps to open an online casino: Incorporate your gaming company. What Are The Requirements For Gaming Merchant Account? Our primary acquiring banks in western Europe requires the contracting merchant to be EU-based and have an EU-issued gaming/ gambling license . ACH (Automated Clearing House) is used to deduct payments from gamersu2019 bank. With this merchant account, you’ll get several features to rely on. This high risk gaming business will require you to have an online gaming merchant account. Google account requirements. As we have a close partnership with some of the top online PSPs, we can try to assist you to find and locate the best possible solutions for their business. We guide online casino businesses in establishing accounts to manage player deposits. net Some of these requirements to be prepared for include: Legal Gaming License. An online gaming merchant account has tremendous potential for online gamings, sports, and other skill games to maximize their benefit and guaranteed growth for the business. And when the players win the reward, the gaming. With a 10-minute conversation, our merchant account experts can walk you through the possibilities at 1-800-530-2444. US & Canada Merchant Accounts. Payment processing requirements for the gambling business. A merchant account is required to transfer funds from your customers’ credit and debit card purchases to your. SQUARE: FOR NEW BUSINESSES. The gateway chosen by the company depends on. Share. Name and address: Enter the legal name of your business as you want it to appear on your payments profile. 3. faster approvals. Here’s a snapshot of adult industries that use specialized payment processing: – Adult Bookstores. Get A Business License. In the industry of gaming, a merchant account is essential. Draft fee invoice for UAE merchant account:Online gaming merchant accounts contain many types of fraud prevention tools that check the real identity of the player. The requirements for these fantasy sports vary. they should have a deep understanding of the unique challenges faced by the industry and be knowledgeable about the regulations. Having an offshore gambling licence, a legally owned domain address, an operational gambling company and gaming bank accounts, gambling merchant accounts, certified software, and game providers are essential. A merchant account is a type of bank account that allows your business to accept debit and credit card payments from customers. GBO’s package, last update 20. A merchant account establishes a relationship between a business and a merchant services provider, like a bank. The online gaming license requirements aim to set a high standard in the e-gaming industry; protect customers; guarantee that e-gaming websites are run by companies with financial stability and knowledge of the industry. k. [email protected] provide the best Online Gambling Payment Gateway for Europe. Fill in all the required fields. Provide the email address used for business in the “Email” field. The gaming industry is larger than the global box office industry. It will typically allow payments to be made via credit and debit card. Credit Card Processing for Online Gaming Merchant Accounts The online gaming industry has taken off massively especially in the North American and Asian regions. A flat-rate pricing structure is offered by Stripe:Click on the “account” buttons if you want to start filling out a free application. Summary of steps to open an online casino: Incorporate your gaming company. If you decide that Curacao is the optimum location for your new Gaming company, the next step is to consider the applicable gaming license requirements. Regulatory compliance: To provide payment processing to gaming businesses, gateway providers usually need to comply with a host of financial, legal, and security requirements. UK or US bank account; Business operations can be based globally, including in India; Offshore High-Risk Merchant Account Requirements: Minimum $15,000 USD per month in sales; Online or MOTO transactions only (no card. If you plan on doing either of these, setting up an internet merchant account should be one of your. According to a recent study, the online gaming market is projected to grow by $142. Furthermore, you can get in touch with us to know more about the requirements. 976. High-risk payment gateways: Payment gateways are tools that facilitate credit card transactions. Here is an overview of the process to set up a merchant account for online gaming: Research and choose a payment processor: Look for a payment processor. It’s also free of monthly fees. No Application or. The online gaming market is growing faster. gaming merchant account An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. erchant accounts for online gaming and gambling sites. To open a merchant account, you will need to show your processing history, provide business and personal information including your credit score, and fill in an. Your merchant account communicates with the customer’s card issuer. This will reflect a 37% growth all factors remaining. If you intend to run an online gaming platform, you will require a gaming merchant account. Getting an online gaming merchant account is not easy, but if you comply with the requirements and provide the required documents and information, as well as going through an experienced corporate services provider, the chances to get your gaming merchant account approved are extremely high. This is known as residual income. People often think that the only way to get a gaming merchant account is through an existing…The definition of a merchant account is: a type of bank account for businesses, looking to accept cashless payments. And when the players win the reward, the gaming merchant sends the money to the players from this gaming merchant account only. The new Curacao gaming License – We will assist with obtaining licenses under the new regime. They can regard the straightforwardness wherein they could endeavor showed up particularly in association with a long time earlier. Open a merchant bank account for your gaming company. MyPayment Guru is a Online Gaming Merchant Account Solutions Provider making our clients contented with the services. From merchant accounts to payment gateways, from ACH processing to chargeback prevention. Payments System: This is the integrated system that manages and facilitates all types of payments. This type of merchant account allows businesses to accept credit and debit card payments from customers and process them. Create A Business Bank Account. After an online game retailer demanded an online payment option, this. After signing up, you will need to fill out the application form and upload. Usually, a merchant account is ideal for credit card processing and eCheck processing. Credit card processing solutions to fit all mobile gaming needs. When a business has a merchant account, it essentially acts as a temporary holder for settled credit or debit card transacted funds. The digital gaming business is thriving as the global demand for online gaming increases. We help companies who need to acquire an online gaming merchant account and run a sustainable business. A merchant account is a crucial part of being able to accept online payments; however, the process can feel overwhelming. All kinds of online gaming merchants privilege accounts consisting of mobile gaming, social gaming, multiplayer video games, fantasy games, online poker, racetracks, and online casinos. Healy Consultants’ fees to set up a UAE merchant account. Soar Payments: Best for. B2B license in Curacao is for service providers to legally offer their services to other gaming operators, promoting industry expansion. If you don't have a Google Account, go to accounts. Choose payment methods and systems for accepting online payments. We also offer expansion services, such as acquiring new licenses and negotiating agreements with payment and service providers. Online Gaming Merchant Account to Drive You Through the Efficient Gaming Payment Transactions. All you have to do is follow the steps below. Corporate structure: Curacao Company. g. An online gambling and casino merchant account ensures that funds are securely processed, settled, and transferred to your business bank account. For instance, Texas-Hold, Five-Card Draw, Seven. The package cost is highly competitive compared to other online gambling licensing jurisdictions, and the Malta annual renewal fees are significantly lower than in other jurisdictions. Yet only card processing enough for. Merchant is trying to sell controlled drugs. Certain rules and guidelines will need to be followed in order for the merchant account to be issued. Each merchant account provider may have its own set of requirements. Beyond that, SecureGlobalPay can also set up a fraud filter for your. New types of gaming licenses will be introduced in Curacao in the summer of 2023: C2B Curacao gaming license is new, adaptable, cost-effective, and supportive of gaming professionals’ needs. Social gaming. Unlike a traditional bank account,. FYI – GBO is a premier payment solution provider for online casinos. Generally, it allows your business to accept debit card and credit card payments online, in-person, and over the phone. Apply for a merchant account: You must provide the payment processor with information about your. Like all of the best credit card processing companies, PayPal regularly features deals and incentives. Meaghan Brophy. Merchant Discount Rate (MDR) or commission rate. Typically, a merchant account is used for credit card processing and eCheck processing but can be used for a variety of payment processing needs. Your merchant account communicates with the customer’s card issuer to confirm the transaction. Enhance the gaming experience with smooth payments, in-build fraud prevention measures and dispute resolution services. Businesses that plan to operate in the US need to register with the relevant government authorities before opening a merchant account. An online gaming merchant account is a business account used to process payments of the customers/players. Learn how to open an online gamingPayment service provider Content- Hi! My name is Martina. Get an EIN. Tell customers about your return and refund policy. Gaming and interactive entertainment are considered high-risk businesses, which means service providers are frequently ineligible for merchant accounts at numerous sponsoring banks. 5 Challenges facing online gambling payments. Players and merchants get many. Merchants really are at the mercy of the credit card industry. Only 13% that have tried online dating were over 65 years of age. Stax: Best for Subscription Pricing. Online gambling is commonly referred to as gaming within the merchant services industry. A merchant account is a bank account that allows businesses to accept funds from electronic payments including credit and debit cards. Your merchant account will front your business the funds—minus fees—from the credit card transactions you accept, before your customers pay off their card issuers. online) merchant account, your provider will supply you with login information including a secure URL from which you can access your account and set up your username and password. Your merchant account communicates with the customer’s card issuer to confirm the transaction. competitive pricing.