Sep 17, 2020

3 Ways to Safeguard Your Supplement Business and Avoid Lawsuits

It’s safe to say the supplement industry is booming. In fact, it just surpassed $120B and is projected to reach $230.7 billion by 2027, according to a new report by Grand View Research Inc. The main drivers of this massive growth are the ever-increasing global obesity rate and the considerable rise of fitness centers and gymnasiums – a growing health...

May 30, 2017

Are You In The Nutraceuticals Industry? Get A Merchant Account From EMB

The nutraceuticals industry continues to grow and is expected to have a bright future. According to Euromonitor International, a global market intelligence publisher that provides market research reports, statistics and online information systems on industries, countries, and consumers, the US vitamin and dietary supplement market is projected to grow by 53% to $28.7 billion by 2021. Nutraceuticals Industry Each year,...

May 16, 2017

What Venture Capitalists And Scientists Think About The Dietary Supplements Market

Zion Market Research shows the global dietary supplements market is projected to grow at a compound annual growth rate (CAGR) of 8.8% from 2017 to 2022. The market revenue accounted for 132.8 billion in 2016, and it’s expected to reach $220.3 billion by 2022. Asia-Pacific was the biggest market for dietary supplements in 2016. It represented over 31% share of...

May 10, 2017

What Does Herbal Supplements And Remedies Market Research Report Cover?

The Global Herbal Supplements and Remedies production value has reached 6213 million USD in 2016; it made up 5103 million USD in 2011. The Global Herbal Supplements and Remedies demand is projected to develop with an average growth rate of nearly 4.5% in the next 5 years. Herbal Supplements and Remedies Market Report Those interested in the international market trends...

Nov 30, 2015

EMB Your #1 Weight Loss Merchant Account Provider

Americans are investing in their health more than ever. According to the Center for Disease Control (CDC) one-third of Americans are overweight. This has created a huge demand for weight loss solutions that include weight loss supplements, healthy foods and drinks, and more. Despite achieving unbelievable profits, weight loss supplement merchants are still considered “high risk” and are subjected to...

Nov 02, 2015

EMB Leading Payment Processor for Weight Supplement Merchants

According to the Centers for Disease Control (CDC), over 33 percent of Americans are overweight. But Americans have started to invest in their health and the weight loss market is booming. The weight loss supplement industry in particular is on the rise. Supplements and vitamins like Raspberry Ketones, Hydroxycut, Garcinia Cambogia, and more are flying off the shelves. This has...

Jul 20, 2015

Tips for Starting an Herbal Supplement Business

There are many types of businesses that one could start. From e-cig businesses to hair salons to online dating websites, the possibilities are endless. One of the hottest, but looked over, business opportunities is herbal supplement sales. From online sales to pop-up shops to brick and mortar stores, your business housings are as big as your imagination. The herbal supplement...

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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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