May 08, 2020

Covid-19 And Its Effect On Your Dropshipping Business

A reputable dropshipping merchant account and strategic decisions can mitigate loss during pandemic.  Covid-19 continues to spread worldwide, and countries continue to enforce strict regulations to limit movement and therefore exposure. Some of these precautions have included countries going into total lockdown, travel restrictions, and the closure of countless factories.  One particular type of business that is feeling the impact...

Apr 15, 2020

How High Risk Merchants Can Navigate Risk in eCommerce and Drop shipping

The modern eCommerce industry involves a number of risks for business owners. There are risks that are typical of high risk businesses. Let’s discover what risks are associated with high risk businesses and how merchants can tackle their challenges. Also, let’s see who can help you with the best merchant account for drop shipping. Merchant Account for Drop Shipping &...

Dec 17, 2019

How to Scale Your Drop Shipping Business

Are you trying to figure out how your company can handle increased fulfillment duties? What about resources to offer an expanded product assortment variety? Are they enough? Are you providing excellent customer service? Well, all these are questions key to the success of your drop shipping business. Let’s move forward to see how you can scale your business. Drop Shipping...

May 16, 2019

Michigan Man Pleads Guilty to Illegally Importing Goods into the U.S.

A Marquette, Michigan man pleaded guilty to smuggling goods into the United States using fraudulent shipping invoices, according to federal law enforcement officials. Curtis Wenzlaff, 55, pleaded guilty in April, capping an investigation by the Office of Criminal Investigations of the U.S. Food and Drug Administration (FDA). The U.S. Attorney’s Office is prosecuting the case. Background on the Case Wenzlaff...

Oct 29, 2018

China Gains the Advantage in Drone Delivery Market is currently winning the global race to develop unmanned aerial vehicles with the strength, reliability and range to deliver goods on large scale. This summer, Chinese e-commerce giant Inc. launched a drone from a playground in the city of Xi’an. The purpose was to deliver one of the orders in a football-sized box to a village in the...

Oct 18, 2017

11 Tips for Dropshipping Merchants

Dropshipping is an ideal business model for new online shop owners operating in the e-commerce industry. In recent years, with the rise of dropshipping companies, the search interest points in dropshipping have jumped to 89. Dropshipping Business According to Forrester, online sales will represent 17% of all US retail sales by 2022, which is up from an anticipated 12.7% in...

Oct 09, 2014

Markets Are Turning To Credit Rather Than Cash | Merchant Account for Drop Shipping

Merchant accounts are becoming increasingly popular even in areas that have been traditionally cash, because of the lack of banking facilities available or just the environment. However, with a shift in the attitude toward banking and shopping on the internet, people need access to different options for paying.  This has led to an increase in the number of businesses that...

Aug 12, 2014

Coming on Board with Drop Shipping | Merchant accounts for Drop Shipping

In today’s market, entrepreneurs and business owners have to find smart ways to cut costs without harming the quality and profitability of their products. Drop shipping is a fulfillment model that lets owners partner directly with wholesalers who then ship out listed items to customers. Owners are then charged for the price of the shipped item. The Good With a...

Jul 28, 2014

Running a Successful Drop Ship Business

A hot, but little-known growing business is the drop ship business. With drop shipping, you are essentially selling goods that you currently do not supply, but for a profit. Once you sell an item, you order it from a supplier or wholesaler and they ship it to the customer. While it may seem complicated, it is a fantastic idea if...

Jun 27, 2013

Merchant Account for Drop Shipping Websites

Drop shipping is an ecommerce solution that enables merchants to collect and forward a customer’s order and shipment details to wholesalers and Manufacturers. It’s the wholesalers and Manufacturers who then supply the products directly to the customer. This business is increasingly gaining popularity with ecommerce website owners as it requires less or no inventory and reduces shipping costs. Drop shipping...

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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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