It has never been as easy task to find a merchant account processor to deal with a HCG account. Either you have been totally unsuccessful, or you have found an account with terrible rates. Many times, your highly-feed processor ends up dropping your account. This has been the sad reality of HCG merchant accounts, up until now. Thankfully, there is a new development in the market that can help you maintain your business, as well as process payments.
EMB, or eMerchantBroker.com, is offering check processing (or e-check) options for HCG merchants. Human Chorionic Gonadotropin, commonly referred to as HCG, is a hormone that is naturally produced during pregnancy but is commonly used today for weight loss purposes. While it is a huge seller, it is also considered to be a “high risk” option in regards to processing. Thanks to electronic check processing, your HCG business can quickly and easily accept and deposit check payments without having to travel to the bank. This method is also proven to have a reduction in chargebacks, which is great for every merchant.
Since EMB is located in the US, you do not have to worry about dealing with foreign banks and processors. Domestic processors are known to be more reliable, and if you have a customer service issue you do not have to worry with figuring time zone issues, as EMB is located in California. Nowhere else can you come by an e-check processor for HCG merchants, so if you have lost your processing abilities you need to contact EMB as soon as possible.
While traditional processors take up to 21 days to complete your application, with EMB you can start your e-check processing in as little as 24 hours. You will not lose revenue by switching your existing account to an e-check processing account, which is great for you and your customers. Another plus is that with EMB’s e-check processing is that your rates will be similar to you old processing rates. Many times when you change processors, your rates will go up. Not with EMB.
If you have a HCG merchant account, be prepared to be without a processor. Many processors are closing their HCG merchant accounts, leaving you without a way to accept payments. You can rest assured that there is an option. You need to contact EMB to apply for an e-check processing account.