What is a credit card merchant account?A charge card merchant account is a special type of savings account that allows e-commerce and POS organizations to accept charge card payments. However, not all banks supply these kinds of accounts. Acquiring banks deal with merchant account providers as well as directly with company owner to develop these accounts. Some acquiring banks offer various merchant credit card processing solutions depending on place 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