In the current times, most business transactions take place digitally. You could observe that the use of cash and checks is becoming less popular among individuals, organizations, companies, or industries. Most businesses, whether large or small in scale, are embracing the latest digital technologies. They are adopting these to enhance the user experience and improve customer services. When it comes to providing the best services to the customers, the first thing that comes to mind is online payment. Providing online payment facilities to the customers makes it easy and convenient for them to make hassle-free payments. One essential thing you would need is a Merchant Account. It has become quite significant for small businesses to have a merchant account, as it would help the holder receive online payment in a variety of modes. The customers can make the payments by scanning QR codes, using their debit or credit cards.