Branden Korf
Setting up a merchant account can feel overwhelming, but breaking it down into simple steps makes the process much easier. This guide walks you through everything you need to know—from choosing a provider to getting approved—so you can start accepting payments with confidence. Whether you're a small business or an enterprise, following these steps will help you find the right solution for your needs.
Explore our collection of articles to guide you through opening a merchant account and understanding everything you need to get started.
Read the full guide and start accepting payments with confidence.
📌 Steps to Open a Merchant Account:
✅ Get a business license
✅ Open a business bank account
✅ Evaluate your needs
✅ Compare providers
✅ Complete an application
✅ Submit to underwriting
✅ Get approved and start processing
Understanding fees, security, and contract terms is essential when selecting a provider. Choose a merchant account that aligns with your business needs—whether in-person, online, or both.
Choose a 2025 payment gateway that offers fair pricing, reliable support, strong security, integrations, and a range of payment options, while also embracing trends like AI, crypto, and contactless payment.
When choosing a payment processor, always do your research. Here are some tips to help you choose a payment processor that best suits your business needs.
