Bad Credit Merchant Account for Your Low Credit Business

Jul 23, 2018

Do you have past bankruptcies, tax liens, and bad credit? Do you think your business is on the hook? Where to find a payment processing company that’s willing to work with you and can get you a bad credit merchant account easily? Just read this article and you’ll discover.

Looking for a High Risk Merchant Account Provider?

Are you running a high risk business with low credit? Is getting approved for a merchant account a hot-button topic for you? With good knowledge about your type of business and merchant accounts, you’ll be able to take the right steps so to get the best for your business.

By the way, did you know that bad credit merchants sometimes look outside the borders of their own country to open a merchant account for their poor credit business? The thing is that there ‘re providers in many different countries that’re ready to take on bad credit businesses. However, they’ll charge you higher fees for your merchant account.

If you’re a legitimate business struggling to move in a better direction and accept credit card payments, you should apply to a reputable high risk processor like All you need is to fill out EMB’s quick online application. is dedicated to serving high risk merchants. EMB goes above and beyond to provide bad credit businesses with merchant accounts featuring exceptional rates and terms in the industry.

No matter you’re a business owner with bankruptcies, or you need no credit check merchant accounts, EMB can be the best helping hand. For this, EMB needs to understand the unique needs of your business. That’s why talks to every single business owner to get to know his/her needs in detail and provide the right merchant services, including business funding.

Bad Credit Merchant Account: Requirements specializes in high risk merchant accounts. With EMB, you can enjoy personalized payment solutions that can help you pan out. You can get your approval in just 24 – 48 hours. Once approved, can set up tools for chargeback management, a payment gateway, and fraud filters.

To get an affordable and secure bad credit merchant account from, you’ll be required to provide the following items, together with your application:

  • A valid, government-issued ID (e.g., a driver’s license)
  • A bank letter or a pre-printed voided check
  • 3 months of the most recent bank statements
  • 3 months of the most recent processing statements if applicable
  • An SSN (Social Security Number) or EIN (Employer Identification Number)
  • A secure, fully-operational website
  • Chargeback ratios under 2%

Underwriters will evaluate risks associated with your business based on these factors:

  • Credit scores
  • Credit card processing history
  • Bank statements
  • Website offers:

  • No application fees
  • No VISA/MasterCard
  • Multiple secure payment gateway options, including its own
  • The lowest possible rates and fees

Chargebacks: Why They’re Important

Let’s start with a chargeback ratio. It’s roughly the total amount of chargebacks per month divided by the total number of transactions per month. Remember that the dollar amount of the chargeback is irrelevant. Underwriters want to see there’re no excessive risks involved with your business.

As for chargebacks, customers contact their credit card companies, e.g. MasterCard or Visa, and dispute a charge they’ve found on their statements. Credit card processor and its sponsor bank request transaction-related documents from the merchant to make sure the charge was lawful.

In fact, if processors and sponsor banks have customers complaining about the charge, this is a red flag usually indicating that not everything is OK with the merchant’s business model. Your chargeback ratio includes each and every complaint.

Since chargebacks play an immensely important role in all this, offers merchants a chargeback mitigation program, the Chargeback Shield*, to reduce merchant ratios. EMB has partnered with Verifi and its new Cardholder Dispute Resolution Network (CDRN), as well as with Ethoca (its alert system) to guarantee a unique, elite chargeback protection and prevention system for high risk merchants.

As you see, to open a reliable, low-cost and secure merchant account for your bad credit business, you should turn to a processor like EMB that offers step-by-step straightforward deals. With the right merchant account, you can start processing credit/debit card payments from your customers with ease.

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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