Pay careful attention to the terms and conditions of your merchant account to minimise the risk.

Each merchant account was tied to an 800-number from CallMe800.

You could ask your existing bank whether they offer merchant accounts.

Before setting up a merchant account, your acquiring bank will request a wide range of information.

It takes between one and four weeks to open a merchant account.

Set up a merchant account with an 'acquiring bank' to process card payments.

See the page in this guide on setting up a merchant account.

Talk to the bank providing you with your merchant account.

In the past, only businesses with merchant accounts could accept credit cards.

When business owners apply for a merchant account, it can take up to four weeks to sort out.