It’s estimated 1.61 billion people worldwide purchased goods online in 2016. In 2016, global e-retail sales accounted for 1.9 trillion US dollars. It’s projected this number will reach 4.06 trillion US dollars by 2020. In Asia Pacific, e-retail sales represented 12.1% of retail sales in 2016 but accounted only for 1.8% of retail sales in the Middle East and Africa. This is according to Statista.
Payment Processing for Online Retailers
It’s true that online retailers make people’s lives easier. However, it may be difficult for them to be able to process and accept credit/debit payments since they should find a reliable high risk e-commerce merchant account provider to turn to. The past several years have shown many merchant account providers are changing the way they do business and mitigating potential risks.
One of the reasons why finding the right merchant account provider can be challenging has to do with the terms and conditions required to set up your merchant account. Merchants sometimes are faced with fees and charges for items such as new account set up fee, equipment fee, and new merchant gateway fee; these are just a few of the hidden charges that merchants may find with some merchant account providers. This doesn’t even include monthly service fees, access fees, and more.
The Right High Risk Merchant Account from EMB
Are you tired of paying excessive fees to your current provider? Are you planning to take your business online or launch a new online venture? If yes, consider turning to EMB, the #1 high risk payment processor and a reputable business funding provider in the US, to secure an e-commerce merchant account easily. Choosing the right high risk merchant account from a respectable high risk processor like eMerchantbroker.com is critical to your success.
Merchants who are tabbed as high risk are well aware of the hindrances they may come across on their way. In fact, a merchant with perfect credit, an A+ rating with the BBB and virtually no customer complaints can still be labeled as high risk. eMerchantbroker.com specializes in high risk merchant accounts and knows your pain points best of all. EMB can help you reduce the effects of operating a high risk business.
eMerchantbroker.com offers a proven platform, support superiority, quick and painless application process, the lowest possible rates in the industry, and much more. EMB is rated A+ by the BBB and A by Card Payment Options, and is named one of Inc. 500’s Fastest Growing Companies of 2016.