What is a credit card merchant account?A credit card merchant account is an unique type of checking account that allows e-commerce and POS companies to accept credit card payments. However, not all banks supply these kinds of accounts. Acquiring banks work with merchant account providers in addition to straight with company owner to develop these accounts. Some obtaining banks offer different merchant charge card processing services depending on location and service 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