What is a charge card merchant account?A charge card merchant account is a special kind of savings account that enables e-commerce and POS businesses to accept credit card payments. However, not all banks supply these types of accounts. Acquiring banks deal with merchant account companies in addition to straight with business owners to establish these accounts. Some acquiring banks offer different merchant credit card processing options depending upon location 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