What is a credit card merchant account?A credit card merchant account is an unique kind of savings account that enables e-commerce and POS services to accept credit card payments. However, not all banks supply these types of accounts. Acquiring banks work with merchant account companies along with directly with entrepreneur to establish these accounts. Some obtaining banks provide different merchant charge card processing services depending on location and business 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