What is a charge card merchant account?A credit card merchant account is an unique kind of bank account that enables e-commerce and POS services to accept charge card payments. However, not all banks provide these kinds of accounts. Acquiring banks deal with merchant account suppliers as well as directly with company owner to develop these accounts. Some acquiring banks use various merchant credit card processing services depending upon location and organization type.
STOP PAYING PROCESSING FEES IN 3 STEPS
Implement a price increase on everything in your store.
Offer a Cash Discount
Use the extra revenue collected to pay your processing costs