For the customer who joins your site and bids on outstanding offers, there is excitement in the bidding and joy in the winning. Those looking for exceptional deals will spend hours on one site watching the bidding taking place and raising the stakes when it seems appropriate. If a potential customer has difficulties in having his credit or debit card accepted, he can simply turn away and go to another site. More and more are budding every day. If your penny auction merchant account is being held or overly scrutinized by your current processor, it can affect your bottom line.
On the other side of the fence is the actual owner of the penny auction. He has learned that this type of site is a really good passive income stream. If the right products are purchased and sold, the profits can be outstanding. When so much thought, time and money have been spent collecting the right items that will demand a lot of action, why should a gross amount of profits be going to the credit card processor?
Those who are not familiar with eMerchantBroker.com will be very pleasantly surprised. We are high risk account specialists. Some penny auction sites have been known to automatically raise prices with an automated bid system or software. This is not fair to the members who have joined on good faith and expect the penny auction to operate above board. Also, because of the element of chance, the credit card industry lumps penny auctions in with other gambling sites. Thus, the entire industry is listed as high risk.
It does not seem fair that good penny auction merchant accounts have to pay the price for the few who wanted to make a quick buck. At eMerchantBroker we understand that not all penny auction merchants belong in a high risk category. This is why we look at the big picture rather than a small sub-feature. If you can keep your chargebacks under three percent, we can get you a penny auction merchant account with features you did not think were possible.
We are the experts in high risk merchant accounts. It is what we do 24/7. When the auction has fewer that the allotted chargebacks, we can offer a complete suite of CPI compliant penny auction merchant accounts. You may have been turned down by your bank or by a traditional, low risk credit card processor. We are glad you shopped them first so that you will know what a great asset we are. There are no application fees and no setup fees. Your rates are not excessive. Plus you will have a secured payment gateway and you do not need to have a Visa or MasterCard in order to open your account. And the cherry on top of the icing is that your funds will be deposited into your account within 48 hours.
Do not let your bank or the conservative processor get you down or turn you down.
To get approved for a penny auction merchant account in 48 hours or less, fill out the short form by clicking on the button below
