What is a credit card merchant account?A credit card merchant account is a special type of checking account that makes it possible for e-commerce and POS services to accept credit card payments. However, not all banks offer these kinds of accounts. Obtaining banks deal with merchant account companies as well as directly with business owners to develop these accounts. Some obtaining banks provide different merchant credit card processing options depending on area and company 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