What is a credit card merchant account?A charge card merchant account is a special kind of bank account that makes it possible for e-commerce and POS organizations to accept credit card payments. However, not all banks supply these kinds of accounts. Acquiring banks work with merchant account providers in addition to directly with entrepreneur to develop these accounts. Some obtaining 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