A full walkthrough to get you started

What is a merchant account?

A Merchant Account is a special account that gathers the transactions coming from your customers.

It is provided by a merchant services provider, like a bank.

A merchant account enables your business to accept debit and credit cards, contactless payment, eCommerce transactions, and more.

what is a merchant account

Why need a merchant account?

It’s fulfilling when your business gets noticed by many customers.

But there is one vital factor when it comes to keeping your customers secured—the payment process.

Nothing could be more bothersome for your customers than sending checks or wiring transfers when they’re buying from you.

This is where you need a merchant account. It acts as a temporary place to hold customers' card transactions before transferring them back to your main account.

why needs a merchant account

Expand your marketplace

Turning payments into your strategic advantage to enter a new marketplace easily.

expand market place

Convert more sale

Generate more sales and revenue by letting your customers pay the way they want.

convert more sales

Secure transaction

Minimize fraud and reduce risk across your sale channels with trusted service providers.

secure online transactions

Why choose us as your merchant account support?

We act as a connection between you and your account provider, entailing assurance on both end. So you can have a stress-free account opening experience.

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Fast and responsive

Our friendly specialists are ready to answer any of your questions and share with you practical advice.

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Extensive partnership

Our strong partnership helps you get in touch with merchant service providers quickly, set up online payment effortlessly, and get your account done timely.

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Only pay for what you need with our customized pricing that perfectly fits your styles and budgets, no hidden charges guaranteed.

How to get your merchant account


Check your business objectives and requirements


Apply for a merchant account with a suitable merchant service provider


Integrate a payment gateway into your e-commerce website


Test and Go Live


Start accepting payments and managing your account.

What documents you need to register merchant account?

Preparing documents for account registration can be confusing, so we’re here to give you an essential checklist.

  • Application form

    • A scanned copy of the passport of the person who will represent your company

      • Your company profiles together with your company incorporation certificate

        • Bank account information

          **Please note that the country where you incorporate a company and open a bank account must be the same.


          Frequently Asked Questions

          What are the differences between a merchant account and a payment gateway?

          A merchant account functions like a bank account.

          Let's say a customer pays for your product or service with a credit card. This payment will first be deposited into your merchant account. From there, it will be transferred to your main business bank account.

          On the other side, the payment gateway works like a platform for authorization. It processes transactions and direct payments from one account to another.

          What type of costs are involved in setting up a merchant account?

          You will pay a small one-time application fee to open your account.

          During the operation of your merchant account, you'll pay extra fees to service providers. These fees include:

          • Monthly maintenance fee
          • Transaction fee
          • Credit card processing fee
          • Equipment fee

          What merchant service providers do BBCIncorp deal with?

          BBCIncorp currently partners with Stripe and Paypal. They are both big players in the field and easy to work with.

          How long to open a merchant account for my company?

          It normally takes 1 to 2 working days to approve your merchant account.

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