Sep 06, 2022

How to Find a Payment Processing Firm that Roots for Your

Finding a payment processor that roots for you gives your startup a head start. Many entrepreneurs get so caught up in their business’s day-to-day running that they forget what it takes to make their payments work properly. You need to find a payment processing firm that understands your challenges and will go above and beyond to ensure your customers don’t...

Aug 11, 2022

Consumers Anxious About Fraud, But Faster Payments Are Appealing

More than ever, customers are looking toward faster payments, at least, this is what was discovered by a survey conducted by the Federal Reserve Banks. What Are Faster Payments? Before we dive into the key findings of the Federal Reserve survey, let’s talk about what faster payments entail. According to the Federal Reserve, “faster payments” comprise electronic payment services that...

Jul 29, 2022

Transforming The Payment Experience With Biometric Payments

With the latest innovation in technology, Mastercard has released a new way to pay at the checkout line. Mastercard has launched the Biometric Checkout Program. This is a “first-of-its-kind” technology to help formulate standards for a new way to purchase, whether at a big box store or even your local mom-and-pop establishment. The program clearly defines a specific set of...

Jan 07, 2014

Third Party Payment Processors Form Association in Response to Federal Campaign

A recently formed trade group called the Third Party Payment Processors Association (TPPPA) is battling hard against the US Treasury department regarding what they call unjust attacks on third-party payment processors. Collection agencies, payday lenders, and even payroll companies are vulnerable to the Federal initiatives regarding the industry despite household names such as PayPal, Intuit, MoneyGram, and Western Union representing...

Oct 22, 2013

The Federal Reserve outlines its vision for the payment world

According to the Federal Reserve, the industry across our land has been mostly left alone for the private sector. In their words, “The Federal Reserve recognized that the success of the payments industry has been largely driven by private industry and market forces, with little government direction necessary. However, new technologies and processes impacting payments today could use the guiding...

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