Many merchants overlook the importance of a merchant account and accepting credit cards for their business. They do not get into the details of the account and what it means to their business. Electronic payments account for over 45% of the average retail business income and over 87% of all online retailers income. With such a large portion of your income coming from one source, it is very important to make sure you understand the options available to your business. Below are Frequently Asked Questions concerning Merchant Accounts and Credit Card Processing.