Merchant Account is where you receive payment for your card sales
For your business to accept cards payments online you’ll need a merchant account.
As an approved Independent Sales Organisation with an acquirer who is a principal member of Visa and Mastercard, CardTransact can issue your business with a merchant account allowing card payment types like Visa, Mastercard or American Express to be authorised and for the funds to settle into a business bank account.
Every merchant who is looking to accept card payments is required to have a merchant account. It acts as a holding account, typically for 3 working days for the bank to check the authorised funds are correct and legitimate, before being released to settle into a bank account.
Merchant accounts fees vary depending on the volume of card transactions processed and the type of business the merchant is undertaking. At CardTransact, we understand each merchant is unique and we can create a custom fit package to ensure you are provided with the most cost-effective offering.
The CardTransact merchant account is available in 14 currencies and is fully integrated into our payment gateway providing your business with a simple and consolidated service.
