Hackers have found a new target and victim: Apple Pay. The ever-popular new payment app is now the victim of a hacking, but it wasn’t a full-blown hacking as we have seen with various retailers. This hacking was a soft hacking, which some industry experts see as a possible test run for something bigger down the road. Due to this scare, Apple Pay is getting a fix in terms of its security. Threat or not, consumers will still use Apple Pay due to its ease and convenience. But, what happens if there is a mass hacking? Not only would that affect consumers, but it would also affect merchants.
Merchants need to be careful, and not only from this threat, but also from the various hackings that occur daily. High risk merchants should already have a merchant account, but not all are created equal. Some say they are experienced in the industry, when really they are not. Many do not have expertise in the industries, but rather the processing ability. This is great, but every high risk company is different. An electronic cigarette merchant account will operate differently than a penny auction merchant account. This should always be taken into consideration. You, the merchant, need to make sure that your high risk merchant account provider is ready to provide the service and protection that is needed in case your business is hit hard after a hacking.
You need to look no further than EMB to secure your high risk merchant account. From electronic cigarette merchant accounts, to penny auction merchant accounts, to legalized marijuana merchant accounts, we at EMB have staff that has expertise is varying high risk fields. With EMB, you will not only have a high risk merchant account, but also the ability to obtain chargeback insurance, which can help keep chargeback costs low after a fraudulent claim is made. Your rates will also be industry-standard, and you are not at risk of having your account closed to one-too-many fraudulent claims.