What is a credit card merchant account?A credit card merchant account is a special kind of checking account that enables e-commerce and POS organizations to accept credit card payments. Nevertheless, not all banks offer these kinds of accounts. Acquiring banks deal with merchant account companies as well as directly with entrepreneur to develop these accounts. Some obtaining banks provide different merchant credit card processing options depending upon 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