Jun 21, 2018

Get a Student Loan Preparation Merchant Account

Are you running a business that specializes in student loan document preparation? Going with the right merchant services provider for customer payment processing is no less important than the student’s selection of a school or college. So, just read this article and you’ll know how you can get a student loan preparation merchant account fast and easily. Student Loan Doc...

Mar 30, 2018

Student Loan Prep Merchant Accounts & Credit Card Processing Services

Obtaining a merchant account and processing solutions for High-risk companies was never a walk in the park until companies like emerchantbroker.com joined the industry. These days retailers like those in the Student Loan Doc Prep business can quickly get a quick Student loan doc prep merchant account, multiple payment methods as well as other services. For this specific type of...

May 10, 2017

Are You A Document Preparation Services Merchant? EMB Can Be The Best Option For You

Each year, billions of dollars are being loaned to students. Quite naturally, there are scammers who try get your money offering services that you should study well so to avoid being scammed. The Consumer Finance Protection Bureau (CFPB) has always warned students about what to look out for when you need a student loan or some help regarding it. Student...

Mar 17, 2017

Looking For A Student Loan Doc Prep Merchant Account? Turn To EMB

The student loan document preparation industry is considered high risk. Student loan merchants don’t have many options left for them, that’s why it’s important to do your research and weigh all your options to find the best student loan doc prep services provider in the field. Look for a provider that will affordable rates and reliable support services. Consider turning...

Dec 07, 2016

The Best Student Loan Prep Merchant Accounts From EMB

This summer, Money magazine reported that “Graduates in the Class of 2016 are saddled with $37,172 in student loan debt, on average, while those in the Class of 2003 had an average of $18,271 to pay back upon graduation.” Considering this, it’s safe to say there’s a need for student loan modification. With student loan debt increasing every year, more...

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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 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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