What is a charge card merchant account?A credit card merchant account is a special type of bank account that allows e-commerce and POS businesses to accept charge card payments. However, not all banks offer these types of accounts. Obtaining banks work with merchant account providers in addition to straight with company owner to develop these accounts. Some acquiring banks offer different merchant charge card processing options depending upon area and company 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