What is a charge card merchant account?A credit card merchant account is a special kind of savings account that allows e-commerce and POS organizations to accept credit card payments. However, not all banks provide these kinds of accounts. Acquiring banks deal with merchant account suppliers in addition to straight with company owner to establish these accounts. Some acquiring banks provide different merchant credit card processing solutions depending on 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