What is a credit card merchant account?A credit card merchant account is a special kind of savings account that allows e-commerce and POS organizations to accept credit card payments. Nevertheless, not all banks offer these kinds of accounts. Acquiring banks work with merchant account companies along with straight with company owner to develop these accounts. Some acquiring banks offer various merchant charge card processing solutions depending on 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