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 organizations to accept credit card payments. However, not all banks provide these kinds of accounts. Getting banks work with merchant account suppliers in addition to directly with business owners to develop these accounts. Some acquiring banks provide different merchant charge card processing solutions depending upon 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