What is a charge card merchant account?A credit card merchant account is a special kind of checking account that makes it possible for e-commerce and POS services to accept credit card payments. However, not all banks offer these types of accounts. Acquiring banks work with merchant account service providers along with directly with company owner to establish these accounts. Some acquiring banks use different merchant charge card processing options depending upon location 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