What is a credit card merchant account?A credit card merchant account is an unique type of bank account that enables e-commerce and POS companies to accept credit card payments. Nevertheless, not all banks supply these types of accounts. Acquiring banks deal with merchant account providers in addition to directly with entrepreneur to develop these accounts. Some acquiring banks offer different merchant credit card processing solutions depending upon place and business 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