Act on Your Dreams of Starting A Business

Oct 13, 2014
loveCreating a business is a dream many individuals have; they have an idea, even a plan on how it would work. What they don’t do is act upon their dream. They just carry on and let their dreams disappear; often people think it is harder than what it actually is to own their own business.

It is possible to create a profitable business from the comfort of your home; the internet is a popular place where you can create a business and even a successful one. Having the drive and the commitment to follow your dream is hard work but one you just might succeed.

Some examples for business opportunities online are, dating websites and drop shopping sites. They are still extremely popular. However, it is going to take hard work and dedication to get the site profitable.

Having facilities available for customers to make payments is crucial online. It is possible to set up an online dating merchant account relatively easily. You must be aware that you need a high-risk merchant account provider. This is because of the nature of the business; online transactions can be more risky than customers who go into the business to pay by card. This means that some of the high street banks won’t offer you a merchant account.

Don’t worry there are some great companies who offer high-risk merchant accounts which have great rates and don’t ask for a reserve. Essentially, holding back a percentage of the sales money in case there is a problem.

Therefore, if you have the idea of a business and you see the potential, spend some time creating a business plan and consider moving forward with your dream. Running your own business isn’t as difficult as you might think. It is going to be hard work, especially in the beginning. It might be a successful business venture.

For an online dating merchant account, contact eMerchantBroker today!

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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