Our goal is to develop and test a novel methodology to compute accurate close pair fractions with photometric redshifts. We improve the current methodologies to estimate the merger fraction f_m from photometric redshifts by (i) using the full probability distribution functions (PDFs) of the sources in redshift space, (ii) including the variation in the luminosity of the sources with z in both the selection of the samples and in the luminosity ratio constrain, and (iii) splitting individual PDFs into red and blue spectral templates to deal robustly with colour selections. We test the performance of our new methodology with the PDFs provided by the ALHAMBRA photometric survey. The merger fractions and rates from the ALHAMBRA survey are in excellent agreement with those from spectroscopic work, both for the general population and for red and blue galaxies. With the merger rate of bright (M_B <= -20 - 1.1z) galaxies evolving as (1+z)^n, the power-law index n is larger for blue galaxies (n = 2.7 +- 0.5) than for red galaxies (n = 1.3 +- 0.4), confirming previous results. Integrating the merger rate over cosmic time, we find that the average number of mergers per galaxy since z = 1 is N_m = 0.57 +- 0.05 for red galaxies and N_m = 0.26 +- 0.02 for blue galaxies. Our new methodology exploits statistically all the available information provided by photometric redshift codes and provides accurate measurements of the merger fraction by close pairs only using photometric redshifts. Current and future photometric surveys will benefit of this new methodology.
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