What is a credit card merchant account?A credit card merchant account is a special kind of checking account that enables e-commerce and POS companies to accept credit card payments. However, not all banks provide these kinds of accounts. Getting banks deal with merchant account providers along with directly with business owners to establish these accounts. Some obtaining banks offer various merchant charge card processing options 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