What is a credit card merchant account?A credit card merchant account is an unique kind of checking account that makes it possible for e-commerce and POS organizations to accept credit card payments. However, not all banks offer these types of accounts. Obtaining banks deal with merchant account service providers in addition to directly with business owners to develop these accounts. Some obtaining banks offer various merchant charge card processing solutions depending upon location 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