What is a merchant account?

Quick answer

A merchant account is a type of account that allows businesses to accept card payments and receive funds from customer transactions.

How it works

When a customer pays:

• Funds are authorised
• The transaction is processed
• Funds are settled into your merchant account
• Payouts are sent to your bank account

Why it’s required

A merchant account allows:

• Card payment acceptance
• Transaction processing
• Settlement and payouts

How QashPay helps

QashPay provides access to payment processing and onboarding without requiring complex setup from the merchant.

👉 Get started here: https://qashpay.com/quote-request

Related articles

• What is an acquiring bank?
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