A merchant account usually requires an agreement between the merchant and the acquiring bank (the financial institution that processes the credit and debit card payments for the merchant) and any other parties involved in processing payments such as a payment processor, an independent sales organization (ISO), and/or a

What do I need for a merchant account?

Merchant account requirements listBusiness bank account. Financial statements. Business license. Physical address. Completed Application. Employer Identification Number (EIN) Articles of incorporation. PCI compliance.More items •3 May 2021