If you run a small or medium-sized business, then you need a merchant account to accept card payments by debit or credit card.
What Is a Merchant Account?
A merchant account is not like a business bank account. They are two different things that each play a role in how you accept payments. A merchant account is where your customers’ card details are sent for authorization during a transaction. Rapyd provides a merchant account to make accepting payments online and in-store hassle-free.
We will manage the whole setup process of opening a merchant account. As an acquiring bank, it is also our responsibility to make sure that your customer has sufficient funds in their account to pay for the transaction. Once authorised, we will then make sure that the money is transferred to your linked account.
Merchant Account and Card Processing Services
- Friendly UK support
- Faster settlement – you can receive your funds as quickly as the next working day after payment
- Dedicated in-house merchant services team
- Quick, hassle-free account setup, with no hidden charges
Call Us Today: 0808 204 0343
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