What is a credit card merchant account?A credit card merchant account is a special kind of savings account that makes it possible for e-commerce and POS services to accept charge card payments. Nevertheless, not all banks provide these types of accounts. Acquiring banks work with merchant account providers in addition to straight with entrepreneur to establish these accounts. Some obtaining banks use various merchant credit card processing solutions depending upon place 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