How to Set Up A Merchant Account

If you have been researching  merchant services, the first thing that you need to understand is How to Set Up A Merchant Account. This might appear to be intimidating, particularly if e-commerce technologically is not your strong skill set. Here are some tips that can assist you with the setup.The first step is to call a reputable payment processor. The credit card processing company that you choose for your merchant account should be one that has experience with your business’s industry. 

Merchant Account Fees

Some payment processing providers charge for a host of things, consisting of the application, setup, payment gateway, subscription/membership, compliance, dues & association and monthly maintenance. Some of the fees that are paid to card associations such as PCI compliance can not be waived but many are negotiable. Be sure to get all of the details and a schedule of all of the rates and fees and Terms of Use before signing an agreement.

Approval and Integration

After getting your account approved to accept credit card payments by a merchant services processor an account manager will deal with you to program the merchant account features that will quickly have your company ready to accept credit card payments.


The time-frame for setting up and activating the account with operations ought not be a long process. The majority of underwriters can have your website gateway and shopping cart prepared to begin accepting credit card payments within a couple of days. 

We Want To Learn More About Your Business

One of our knowledgeable Account Managers at the Fintech Group would be happy to walk you through the process of how to set up a merchant account  and answer any questions and make some recommendations. Call us today, we look forward to here from you!