What is a credit card merchant account?A credit card merchant account is an unique kind of bank account that makes it possible for e-commerce and POS companies to accept charge card payments. However, not all banks offer these types of accounts. Acquiring banks deal with merchant account service providers in addition to straight with business owners to develop these accounts. Some acquiring banks offer various merchant charge card processing services depending upon location and business 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