Having a merchant account will allow you to accept payment from debit and credit cards. As these are the most popular payment forms out there, businesses need to offer them if they want to be successful!
A merchant account will also allow you to increase your sales since having the option to pay via a credit card opens your business up to far more people.
There are also plenty of practical benefits of a merchant account. It can make your accounting much easier to process, especially during reconciliation. It can also help your business avoid fraudulent payments.
Wondering how much getting a merchant account will cost you? Read our handy guide
to find out how much card processing companies charge on average in the UK.