What is a Merchant Account?A Merchant Account is a type of business bank account, that allows merchant account credit card processing. This allows businesses to accept card, online and telephone payment transactions.How does a Merchant Account Work?Funds are held in the merchant account between the customer account and the business account, before the payment transaction is authorised. Once authorised the funds are sent to the business bank account. It is at this point the transaction fees of the merchant account provider are also taken.What is a Merchant Account Service Provider?Merchant account service providers arm businesses with the ability to accept debit and credit cards as payment for their products or services.Merchant account Services UKThere are many merchant account suppliers for businesses in the UK to choose from. Merchant Account solutions has compared numerous UK merchant account suppliers such as WorldPay and First Data Merchant Solutions.


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