Trusted by companies globally
A merchant account is a specialized type of bank account that enables businesses to accept and process payments from customers, primarily through credit and debit card transactions. It serves as a middleman, managing the transfer of funds from the customer’s bank account to the business’s bank account, ensuring secure and efficient payment processing.
A merchant account is crucial for businesses that wish to accept credit, debit card, and online payments. By setting up a merchant account, you can securely handle and process these transactions, ensuring smooth business operations while providing your customers with convenient and flexible payment options.
Your dedicated web portal enables you to manage funds and check your balance effortlessly. If you are an existing Cepta Payments customer in the UK or EU, you enjoy a streamlined sign-up process and expedited onboarding. All necessary due diligence was completed when you initially joined us, ensuring a smooth and quick setup.
Simple interface
Manage your account and view your balance, transaction history and receipts using our dedicated web portal.
Multiple payment methods
Send and receive payments – UK Faster Payments, BACS, CHAPS and SEPA Credit Transfers.
Easy reporting
Download statements and transaction histories from our suite of reporting tools.
Security
Access to your portal is protected by Two-Factor Authentication.
Simplifying your payments
With Merchant Payment Account, you can rely on Cepa Payments as a single point of contact for any queries regarding your online transactions. By simplifying administration and support in this way, you have more time to focus on growing your business
A merchant payment refers to a transaction made by a customer to a merchant in exchange for goods or services.
To make a merchant payment, customers can use various payment methods such as credit cards, debit cards, mobile wallets, and electronic fund transfers.
A merchant service is a financial service provided to businesses that enables them to accept and process payments from customers. It includes payment processing, handling of transactions, and various other services related to accepting payments from customers.
To qualify for a merchant account, businesses need to meet certain criteria set by the payment processor or acquiring bank. This typically includes having a legal business entity, a good credit history, and being in compliance with industry regulations.
Merchant account fees are charges imposed by payment processors, banks, or other financial institutions for providing merchant services. These fees may include transaction fees, monthly fees, statement fees, chargeback fees, and equipment fees, among others.
The main difference between a merchant account and a bank account is their purpose. A bank account is used for general banking activities such as storing money, making withdrawals and deposits, and managing finances. On the other hand, a merchant account is specifically designed to handle payment transactions and process payments from customers.
Our onboarding process could get up and running in as little as just 3 days, enabled by our unique proprietary technology.
After you register your interest with us, we will ask you to complete an application.
Once approved, we will create an account rapidly to enable you to start taking payments ASAP.
If successful, your application will be checked by underwriting within 48 hours in some cases.
With everything resolved, we’re delighted to say that you can start taking transactions!
Ready to get started?
Collect customer payments, make payouts, manage international payments and so much more. Create your account or contact our experts to explore custom solutions.
- Easy onboarding
- Dedicated account manager
- API access