Any smart business owner knows that accepting credit cards as a
payment option will dramatically increase revenues. Not only do
credit cards offer customers the convenience and ease of not having
to carry around cash or checks, it lends a sense of professionalism
to your establishment as well. The process of applying to become a
credit card merchant can be a bit confusing and frustrating, so
let's take a look at how it all works.
The Credit Card Account
The credit card account that you will use is called a merchant
account. These accounts are different from a regular business
checking account in that they are accounts that have been secured
through a bank that offers credit card processing. This account
enables you to process your credit card transactions through their
banking establishment. This is a safe and secure process which
provides both you and the buyer security and protection from the
beginning of the transaction right through to the end.
payment option will dramatically increase revenues. Not only do
credit cards offer customers the convenience and ease of not having
to carry around cash or checks, it lends a sense of professionalism
to your establishment as well. The process of applying to become a
credit card merchant can be a bit confusing and frustrating, so
let's take a look at how it all works.
The Credit Card Account
The credit card account that you will use is called a merchant
account. These accounts are different from a regular business
checking account in that they are accounts that have been secured
through a bank that offers credit card processing. This account
enables you to process your credit card transactions through their
banking establishment. This is a safe and secure process which
provides both you and the buyer security and protection from the
beginning of the transaction right through to the end.
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