For many American consumers, credit cards represent one of the fastest and most convenient forms of payment. To initiate a transaction, all one has to do is input payment details or swipe a piece of plastic — and the sale executes.
Even if you are approved for credit card processing, you may have to pay exorbitant merchant fees to keep your account active, due to being placed under a domestic high risk merchant account. These extra costs can quickly eat into your bottom line.