Nov 30, 2021

5 Reasons Why A High-risk Merchant Account Is Essential

If you are a high-risk merchant, chances are you may have been turned away by traditional banks when applying for a merchant account.  Your particular business may have been categorized as high-risk due to having higher incidences of fraud and chargebacks.  But in order for your business to remain solvent, you must be able to process credit and debit card...

Jul 21, 2021

Formation Of The PLC: An Unwelcome Solution For Payments

In March, 2021, the CEOs of Discover Financial Services, American Express, Mastercard, Visa, FIS, Global Payments, and Fiserv joined forces to launch the Payments Leadership Council or (PLC). They have formed an alliance in order to “promote effective public policies” in response to current and upcoming challenges in the US economy. The joint statement of all CEOs was as follows:...

Mar 25, 2021

A Multiple-Acquirer Strategy Can Increase Conversion Rates

One sure-fire way for merchants to boost their revenue is to improve their current payment processing solutions. Merchants must know that payments, by their nature, are very much local. Every country has its own language, culture, and technology that will inevitably dictate how payments are processed.  Therefore, a key strategy to maximize conversions and approvals, as well as tapping into...

Mar 25, 2021

How Merchants Are Steadily Moving Towards Issuing

Following the devastating financial crisis, risk-averse banks responded by backing away from offering all forms of consumer lending, particularly to “mass-market” and budding middle-class customers.  However, providing merchant credit, which involves lending to consumers via retailers is even more critical for financial institutions, retailers, and their customers. More importantly, both retailers and lenders have discovered that having robust credit capabilities...

Dec 04, 2020

How Payments Orchestration Boost ROI And Cut Payment Processing Costs

As the payments world can be incredibly complex and eCommerce on a global scale continues to expand, customers are demanding straightforwardness, openness, and standardization with their payments. This can all be in the form of paying with a credit card at the point of sale, performing an international transfer, or making a transfer via mobile application. Meanwhile, small to medium-sized...

Nov 30, 2020

The Right Payment Rail Mix To End B2B Payments Friction

When it comes to B2B payments, having just one payment rail will not suffice in resolving every stage of friction. It has been proven through research that adopting multiple rails of payments can actually spur revenue.  Payment rail innovation is being seen in both FinTech suppliers and corporates to alleviate friction in employee payroll, invoice payments, and card acceptance.  Multiple...

Oct 30, 2020

How Consumers Are Replacing Cash in Favor of Cards

On July 20, 2020, The Strawhecker Group (TSG) and Visa Consulting and Analytics (VCA), joined forces to conduct a survey of 569 U.S. consumers to examine Visa’s spend data. The primary objective was to comprehend how the COVID-19 pandemic has affected consumer behavior, method of payment, and how habits may change post-pandemic.  The “Key Takeaways” that were highlighted in the...

Sep 01, 2020

Different Payment Processing Pricing Structures to Consider

Businesses are different. To choose the best payment processing pricing structure for your own business, you should do research and see how different billing systems work. In the article below, you can find several options to go for the most suitable one for your business. Payment Processing Pricing Structures to Choose From Wrong credit card processing service will make you...

Aug 26, 2020

How to Choose a Payment Processor for Your Business

A payment processor you choose for your eCommerce business plays a vitally important role.  Today’s processors offer various merchant processing capabilities, so you should research well to find the best fit for your business. This article will help you choose a payment processor to grow your business with success. How to Choose a Payment Processor When choosing a payment processor...

Aug 26, 2020

Navigating Merchant Account & Credit card Processing Fees

Collecting credit and debit card payments from clients is an excellent way to increase your customer base, but related costs can threaten to shake your bottom line. Credit card processing rates usually vary from one payment enabler to the next which is why you must dig deep. A high-risk classification doubles the trouble for you unless you partner with a...

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.