What is a credit card merchant account?A charge card merchant account is an unique type of checking account that enables e-commerce and POS organizations to accept credit card payments. However, not all banks provide these types of accounts. Acquiring banks deal with merchant account service providers in addition to straight with entrepreneur to develop these accounts. Some obtaining banks offer different merchant charge card processing options depending on area 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