What is a credit card merchant account?A credit card merchant account is a special kind of savings account that allows e-commerce and POS services to accept charge card payments. Nevertheless, not all banks provide these types of accounts. Acquiring banks deal with merchant account companies along with straight with business owners to establish these accounts. Some acquiring banks provide different merchant credit card processing services depending on place and organization 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