What is a charge card merchant account?A charge card merchant account is a special kind of bank account that enables e-commerce and POS services to accept charge card payments. However, not all banks supply these types of accounts. Acquiring banks deal with merchant account providers in addition to directly with entrepreneur to establish these accounts. Some obtaining banks provide different merchant credit card processing options depending upon place 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