Who can open a merchant account?

You can open a merchant account if you are a registered business or legal entity, such as a church, charity or sports association.

Qualified entity types include:

• Companies limited by shares
• Sole proprietors
• General and limited partnerships
• Mutual associations
• Sports and religious organisations
• Charities

Merchant accounts are not available to individuals.

Regional Eligibility

Merchant account providers (or acquiring banks or acquirers) are licensed to provide service by region. CardCorp partners with acquirers in the European Economic Area (EEA), which means to qualify for a CardCorp merchant account, your registered business entity must be resident in the European Economic Area (EEA), which encompasses the EU, UK, Monaco, Norway and Switzerland.

If your organisation is registered outside of the EEA, you will need to find a local provider in your region.

Recommended Reading

Check out these articles on eligibility and accepted business types.

• Does CardCorp accept my business type?
• Can a sole proprietor get a merchant account
• Do I need a bank account to get a merchant account
• Can I apply from outside the EU or UK?
• For a general overview of the application process, see What is underwriting and why is it done?
• Want to read more? Check out our entire collection of articles

Not a CardCorp merchant yet? Sign up on our website for a free business assessment and pre-approval of your merchant account.