What is a charge card merchant account?A credit card merchant account is a special type of bank account that enables e-commerce and POS companies to accept credit card payments. However, not all banks provide these kinds of accounts. Obtaining banks deal with merchant account providers in addition to directly with business owners to develop these accounts. Some obtaining banks provide different merchant credit card processing options depending upon place and service 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