What are the necessary components to take debit and credit card payments?
You’ll need a current business bank account, a merchant account, and a credit card terminal to process payments. Very often your merchant bank will supply you with the card terminal, but you are not obliged to take a payment terminal from your merchant account provider. Card terminals are available in the UK through several providers. In order to get a terminal that’s right for your particular business you should shop around and ask for quotes before settling on a provider.