Jan 05, 2022

12 Popular Questions (and Answers) About eChecks

As more consumers are growing weary of credit card fraud, they are less likely to use credit cards as a payment method when shopping online. They are looking for payment methods that offer more security, with a seamless, efficient, and fast processing as a credit card payment. Top 12 Things To Know About Electronic Checks 1. What Is an eCheck?...

Dec 28, 2021

Your 8 Questions Answered About ECheck Payments

As we continue to move into a more “electronic world” the speed at which payments take place has become vitally important. Echecks or electronic checks allow businesses and customers to make payments quickly.  Some vendors and customers are not comfortable providing their banking information for wire transfers or ACH payments, but they still want to receive their payments in a...

Dec 09, 2021

Instant Echecks, What Are They?

Echecks, or Instant eChecks, also known as electronic checks, are electronic payments that are made from a customer’s checking account. Another way of looking at it is that it’s a “virtual version” of your everyday paper check. When customers pay with an eCheck, as a form of payment, the funds go to the merchant’s business bank account by way of...

Dec 07, 2021

Avoid Credit Card Fees With Electronic Checks

First Data’s white paper, “Electronic Checks: The Low-Risk, Low-Cost Way To Accept Online Payments”, highlighted what drives customers to make their buying decisions. Payment options factored greatly in most customers’ decisions as to “where” they shop online. For most consumers, a shopping experience may end unfavorably if they are not able to find their most preferred method of payment during...

Dec 07, 2021

eChecks: What They Are And How They Work

Banks have always processed checks manually and deposited the funds into the user’s bank. It would typically take days for the funds to appear on and be ready to use in that account.  Thankfully, technology has made vast improvements that have allowed for these payments to be carried out electronically from an individual’s checking account. This is done by using...

Nov 24, 2021

What Are eChecks And How Do They Work?

In our rapidly changing world of finance, getting paid securely and efficiently is always a top priority for all parties involved in a transaction. eChecks, also known as electronic checks, are yet another payment method that aims to fulfill these goals.  Electronic checks are an alternative to traditional paper checks and were created to be processed digitally. In order to...

Nov 23, 2021

What is an eCheck? How Your Small Business Can Accept Them

In today’s business climate, it always pays to offer a variety of payment methods to suit every consumer’s preference on the market. Offering convenient payment types ensures that both customers and small businesses keep the money flowing easily and securely.  An eCheck Defined The best way to describe eChecks is that it is essentially a “digital version” of a paper...

Jul 29, 2021

Frequently Asked Questions About eChecks

With so many payment options coming to the fore, eChecks have been gaining ground in the last decade. In a Federal Reserve Payment Study in 2016, it was discovered that ACH payments grew at a yearly rate of 4.9 percent from 2012 to 2015.  The Most Popular Questions About eChecks With Answers Businesses that are interested in accepting eChecks as...

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.