What is a charge card merchant account?A credit card merchant account is a special type of bank account that makes it possible for e-commerce and POS services to accept credit card payments. However, not all banks supply these types of accounts. Acquiring banks deal with merchant account providers as well as directly with business owners to develop these accounts. Some obtaining banks offer various merchant credit card processing solutions depending upon area 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