To be able to process payments and begin accepting payments cards for your ecommerce business, you’ll need to get a merchant account. This is set up separately from your business banking account and is created solely to allow you to process credit and debit card payments. A merchant account is set up between you, a payment processor and a merchant bank.
Once you have a merchant account, you also need other payment processing solutions to ensure your system for accepting payment cards is PCI compliant and secure from fraud and chargebacks. Additional tools may be needed depending on your business type and model.