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 17, 2020

The Payment Facilitator Approach & How it Safeguards Merchants

For a long time, payment systems did not cater enough for the small business owner’s needs. Accepting payments was a painful and costly ordeal as banks were not ready to accept most startups, even limiting the payment avenues accessible by such business. However, the dawn of new players and solutions that focus on working closely with small and medium merchants...

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 22, 2020

How 5G Can Improve Merchant Payment Processing

5G is developed to make a real revolution. This refers to both how people make purchases, pay, use financial services, and not only. Due to 5G, retailers dealing with merchant payment processing can expect more advanced technology solutions offered by high risk merchant account providers. This means increased speed and security associated with transaction processing. Let’s move forward to reveal...

Aug 12, 2020

Impact of COVID-19 on The Credit Card Market

Payment Systems for Credit Unions or (PSCU), in an effort to determine the COVID-19 pandemic’s impact on both shopping trends and consumer spending, issued data that reflected the decline of U.S. card growth rates for the week ending in June 28, 2020. All debit card purchases went back to a “negative growth”. As per a statement from Glynn Frechette, SVP...

Aug 06, 2020

Payment Providers Must Deter Transaction Laundering

Transaction laundering is increasingly becoming a threat within the payments industry. According to EverCompliant, a solutions provider, in 2016 $155 billion was created from  online sales through transaction laundering in the U.S. alone. It was also found that banks were processing close to six to ten percent of “unauthorized” e-commerce sites. Out of that, three percent were discovered to be...

Jun 16, 2020

Coronavirus And Its Significant Impact On The Payments Industry

The payment industry was negatively hit by the pandemic; only time will reveal the lasting impact.  On a human and economic scale, the COVID-19 virus has wreaked havoc. One of the many ways that the global pandemic has affected consumers is how they shop. With government regulations strongly urging social distancing and essential shopping, consumers are still leery of going...

Apr 15, 2020

12 High-Risk Trends in The Payments Industry

The modern payment industry offers an incredibly large variety of opportunities and challenges at the same time. Knowing the top payment industry trends is critical to your success. This article will help you with these trends and a merchant account bad credit. So, if this is what you’re interested in, just read below. Current Global Economy Global trade is still...

Jan 29, 2020

Confronting The Digital Authentication Payments Crisis

A very complex topic that is driving the future of payments and financial services is that of authenticating the consumer.  All participants within the payment chain, from the merchant to the service provider to processor and finally to the bank, have a vested interest in ensuring that the customer initiating the transaction is the lawful user. However, the objective of...

Jan 27, 2020

Bold and Promising Predictions as the Payments Industry Welcomes a New Decade

Payments is one of the most dynamic sectors, judging by the buzz of activity we saw last year. New and more innovative ways to pay, mergers and takeovers, regulatory changes and so on. But we can’t base all our market predictions on 2019, travel a decade down memory lane and it dawns on you that much has changed— and will...

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.

Live Chat