Applying for a Collection Agency Merchant Account with EMB

Mar 09, 2015

Is your business part of the collection agency industry? Are you considering starting up your own business in this industry? If it is or if you are, you’ve probably also discovered that obtaining services from a traditional financial system is extremely difficult, if not impossible. Whether your business is large or small, there are options out there for you that can help you continue to grow and achieve success.

Unfortunately, businesses in the collection agency industry are considered “high risk”. This is a big factor as to why it is difficult to impossible to obtain services. The risky area of delinquent business debts is a big problem in the eyes of banking institutions.

In this situation, some seek the solution of a merchant account. However, even a merchant account can prove to be a dead end. For example, you may have run across the issue of being turned away due to inconsistent revenue streams. Collecting debts is not an easy task, and it can be made to be even more difficult if you cannot obtain credit card processing abilities.

Believe it or not, there are still options out there for you. is the #1 provider of merchant accounts for the collection agency industry. They not only enjoy an A rating from the BBB, but they also offer you their promise that their services are 100% secure.

Voted #1 every year from 2012 to 2015 by, those at are merchant account collection agency specialists – among other things. They specifically offer a collection agency merchant account. They have provided thousands of collection agencies, great and small, with the payment processing solutions they need in order to grow their business.

The application process is simple and does not require an extensive credit history. There are no application fees, and no VISA/MasterCard required. You can expect to have competitive rates and a secure payment gateway. Once your application process is complete, you can have your account set up in as little as 48 hours.

Don’t let the unstable nature of the debt collection agency keep you from being considered. Take the time to fill out’s simple and hassle-free application or speak with a representative today.

Let us help you get a high risk merchant account 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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