Persolvent merchant accounts and credit card processing

By the Persolvent editorial team. Updated September 28, 2026.

For businesses that want to accept credit cards, Persolvent says it provides merchant accounts, software applications and more. Here is what that involves and how to prepare.

What a merchant account is

A merchant account is the arrangement that lets a business accept card payments and receive the money in its bank account. A sponsor bank (the acquirer) holds the relationship with the card networks, a processor moves the transaction data, and a provider like Persolvent sells, sets up and supports the account.

Persolvent states it is a registered ISO/MSP of Fifth Third Bank, N.A., Cincinnati, Ohio, which is the typical structure for a merchant services provider in the US.

How a card payment flows

1. The customer pays by card online, in person or through an invoice link.
2. The payment gateway securely sends the details for authorisation.
3. The card issuer approves or declines.
4. Approved transactions are settled in a batch.
5. Funds, minus fees, are deposited to the merchant's bank account.

Ways to take payments

Persolvent positions its services around how your customers expect to pay: online through ecommerce integrations, by invoice through ERP and invoicing connections, through a mobile app for field work, or inside a partner software platform. The ecommerce guide and integrations guide go deeper.

What to prepare

• Legal business name, EIN or tax ID and ownership details
• Business bank account for deposits
• Expected monthly card volume and average transaction size
• Description of products or services and refund policy
• Recent processing statements if you are switching providers

Having processing statements ready makes it far easier to compare a quote line by line.

Frequently asked questions