What is a charge card merchant account?A charge card merchant account is a special type of savings account that enables e-commerce and POS organizations to accept credit card payments. However, not all banks provide these kinds of accounts. Acquiring banks work with merchant account companies in addition to straight with business owners to establish these accounts. Some obtaining banks provide different merchant credit card processing solutions depending upon location 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