What is a credit card merchant account?A credit card merchant account is a special type of bank account that enables e-commerce and POS businesses to accept credit card payments. Nevertheless, not all banks provide these kinds of accounts. Acquiring banks work with merchant account companies along with directly with company owner to develop these accounts. Some obtaining banks provide various merchant credit card processing options depending on place 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