How to Accept Credit and Debit Card Payments - Mastercard 2025

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Unless you choose to use an all-in-one payment processor like Stripe or PayPal, youll need to set up a merchant account and payment gateway in order to accept card payments online. A merchant account is a bank account that allows you to accept payments from credit or debit cards.
Bottom line. When it comes to online shopping, retailers typically wont allow split payments between two credit cards. If youre shopping in person or dining at a restaurant, youre more likely to find merchants who allow it.
What is a combination card? A combination card is a payment card that combines a debit and credit feature.
Key Takeaways. Debit and credit cards both allow cardholders to obtain cash and make purchases.
Receiving money Sign in or Create an Account. To receive money, sign in to your Mastercard Send provider or create a new account. Provide Payment Information. Open the dashboard and select the currency that will be sent to your account. Wait for the Transaction.
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Having both credit and debit cards in your possession offers consumers added convenience, but its important to know the differences between them. This way you can save money, build credit history, and stay on top of your spending habits.
The E2 card, named for offering twice the payment capabilities of a traditional card, gives cardholders both credit and debit PANs in one card, providing simplicity, flexibility and only one PIN to remember.

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