Merchant Accounts.
Create a Merchant Account and accept card payments stress-free. We'll help you get set up to enjoy easy integration and swift payment processing.
What is a merchant account?
A merchant account enables your business to accept card payments from customers worldwide. These customer payments are aggregated into the account for final checks before being released into your business bank account.
When a customer pays for a service with their credit or debit card, their money is initially held in the merchant account. Then, after a final review, the money is transferred to your business bank account.
How does a merchant account work?
Bivial's merchant accounts act as an intermediary between the customer's bank and your business account. When a customer inputs their card details to pay for an item, their money is initially credited to your merchant account, and after further review, it settles into your business account.
At Bivial, we offer merchant accounts that facilitate global transactions with exceptional speed.
Why Us?
Global Reach
With Bivial merchant accounts, online businesses can process payments in dozens of currencies from global customers. Supported currencies include USD, EUR, CHF, GBP, CAD, AUD, HKD, SGD, PLN, CNY, and many more.
Speed
Our clients enjoy swift transaction processing like never before. Transactions are processed via merchant accounts and deposited into your Bivial Business Account quickly. Say goodbye to the stress of waiting endlessly for financial transactions to get settled.
Simplicity
With a straightforward setup process, businesses can easily integrate our solutions into their payment workflow. Bivial assists clients in setting up our products and ensures seamless payment processing.
Security
Bivial utilises top-notch security features to safeguard accounts and facilitate secure business operations. All your payment data is encrypted to prevent unauthorised parties from accessing it. You can enable two-factor authentication and use access control features for extra security.
Services.
Visa, Mastercard and Alternative Payment Methods.
Bivial seamlessly integrates with card providers like Visa and Mastercard. Our platform also supports alternative payment options, such as Alipay, Giropay, and PayPal.
Detailed Transaction Reports.
You can track payment transactions on your accounts in real-time. You can generate comprehensive reports for external stakeholders or internal use.
PCI-compliant payments page.
Bivial's payment pages adhere to the Payment Card Industry Data Security Standard (PCI DSS). Compliance with PCI policies safeguards your customers' payment data and keeps you on the good side of regulators.
Onboard remotely.
The onboarding process is conducted entirely online. We'll walk you through onboarding via video, and human support is available every time you need it.
Settlement IBAN accounts.
After transactions are processed, they are settled into your Bivial Business Account promptly. You can create multiple accounts in different currencies, each with a unique International Bank Account Number (IBAN).
Integrate with Bivial.
You can connect to Bivial's payment gateway with our simple API. Integration is as easy as it gets on a digital platform.
Payments.
Accept payments in different currencies and grow globally. Bivial provides a reliable solution to facilitate international business expansion. Choose Bivial as your payment service provider and enjoy stress-free transaction processing.
FAQs.
How many merchant accounts will I need?
You can create as many accounts as needed. The ideal number depends on the channels through which you sell your products and the geographical distribution of your customers. With Bivial, creating multiple accounts to serve your needs isn't a problem.
How do I get a merchant account?
You can apply for merchant accounts on Bivial and provide the required information and documentation. If qualified, our team will contact you and guide you through the steps to get an account for processing global payments.
What is a merchant ID number?
A merchant ID is a unique identification number issued to your business. This number tells payment processing systems where to send your money. When a customer pays for an item, this ID ensures their payment is deposited into your account.
Where can I get a merchant account?
Bivial is an ideal platform to get merchant support, offering support for dozens of currencies and swift processing and settlement. You can create an account on Bivial and enjoy seamless online payments.
Do I still need a payment gateway despite having a merchant account?
Yes, you need a payment gateway to process payments even if you have a merchant account. Merchant accounts don't process payments; the payment gateway handles payment processing and then temporarily sends the money to merchant accounts before transferring it to the main business accounts. Think of your payment gateway as the courier that collects money from the customer, then temporarily stores it in merchant accounts before depositing it into business accounts. You need both platforms to accept electronic payments.