Automatic Smart Home Payments In The Modern World Of Ecommerce

Mar 22, 2016

The phrase “Internet of Things or IoT” has become so much widespread and popular recently. A couple of years ago, the things offered by IoT seemed unbelievable. Today, self-driving cars and adrenaline dresses are already on the production line.

IoT Offerings and the Future of Technology

The recent CES show revealed the future of technology. Companies participating in the recent Consumer Electronic Show 2016 proved the world is really changing. They showed many fantastic offerings are realistic options these days.

Undoubtedly, our ecosystems will greatly be impacted by future applications. By 2020, 25 billion Internet-connected things are going to exist, as Gartner states.

The global economic benefit provided by the Internet of Things will count for almost $2 trillion. This will be accomplished through several factors. The latter factors include the transformation of various enterprises into digital businesses, production of new revenue sources, and efficiency improvement.

With this in mind, ecommerce merchants should be proactive to get a reliable merchant account and start growing revenue. With EMB, you can enjoy the best payment processing options and services for your high risk business.

Smart Appliances Making Automatic Payments

Modern private homes boast amazing applications of IoT. They allow homeowners to control window and door operations, and also security, temperature, lighting and multimedia from a distance.

Thanks to automatic features, home supplies are getting more advanced and improved. If you’re looking for the right payment provider so to expand your business and increase revenue, consider turning to EMB. EMB is the top-rated high risk processor in the US. With EMB, you can the best ecommerce merchant account for your specific business needs.

Several appliances represented at the CES show 2016 were able to replenish supplies and pay for them automatically. Amazon Dash was one of them. It enables Whirlpool’s 2016 washers, dishwashers and dryers to independently order supplies when you are running short.

The Amazon Dash buttons are designed to connect the appliances with specific brands. You can enjoy automatic payment options by linking your Whirlpool app to an Amazon account.

Technology options once though incredible are now a reality. Household IoT is being taken to the next level. Be proactive to get the right ecommerce merchant account for your company.

Let us help you get a high risk merchant account today!

Get Started

Award winning.

  • 2012
  • 2013
  • 2014
  • 2015
  • 2016

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.

Live Chat