What is a charge card merchant account?A charge card merchant account is a special type of bank account that enables e-commerce and POS companies to accept credit card payments. Nevertheless, not all banks supply these kinds of accounts. Acquiring banks work with merchant account service providers in addition to directly with entrepreneur to develop these accounts. Some acquiring banks use different merchant charge card processing solutions 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