What is a credit card merchant account?A charge card merchant account is a special type of savings account that makes it possible for e-commerce and POS organizations to accept charge card payments. However, not all banks provide these types of accounts. Obtaining banks deal with merchant account companies as well as straight with business owners to develop these accounts. Some getting banks provide various merchant charge card processing solutions depending upon 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