You can create a Merchant account at Google Play Console -> Settings -> Merchant Account. Or you can manage your Merchant account at Google Payment Centre -> Settings.
Payments profileis private. You should provide real name with real address (or registered business name) which match your bank account in order to receive payment.Public merchant profileis public and shown to your customer. You can provide a different profile from yourPayments profile.
To receive payment, goto Google Payment Centre](https://payments.google.com/payments/) -> Subscription and services -> Google Play Apps -> Manager -> Add Payment Method, Refer to Enter bank account information
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