What is a credit card merchant account?A credit card merchant account is a special kind of bank account that allows e-commerce and POS companies to accept credit card payments. However, not all banks provide these kinds of accounts. Acquiring banks work with merchant account suppliers along with straight with entrepreneur to develop these accounts. Some getting banks use various merchant credit card processing options depending upon 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