What is a charge card merchant account?A charge card merchant account is a special type of bank account that makes it possible for e-commerce and POS businesses to accept charge card payments. However, not all banks provide these types of accounts. Obtaining banks deal with merchant account service providers as well as directly with company owner to develop these accounts. Some acquiring banks use various merchant credit card processing services depending on 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