You should take your time to research well and find a reputable merchants services provider offering extended warranty merchant accounts that will best suit your business needs. Reliable cash flow plays an important role with regard to this industry so it’s critical to choose the right processor like emerchantbroker.com.
EMB provides extended warranty merchant account solutions with a reliable payout schedule to help grow and succeed. EMB is the #1 high risk payment processor in the US and boasts an A+ rating with the BBB. EMB has an A rating with Card Payment Options and is named one of Inc. 500’s Fastest Growing Companies of 2016.
The automotive industry is considered high risk because of high tickets, irregular expenses, and a high level of consumer disputes associated with the industry. Most banks and traditional processors stay away from auto warranty companies, but this isn’t the case with EMB.
Emerchantbroker.com is well aware of all the challenges of your business and offers services to help you overcome these challenges with ease. Thanks to the auto warranty program merchant account offered by EMB, you can effectively manage volume and transaction costs. Also, EMB offers unmatched chargeback prevention and protection programs and business funding solutions tailored to your specific business needs.
EMB understands that your business model operates with an above average chargeback ratio, and offers tools to help reduce chargebacks and keep your ratio at an acceptable percentage.
With scheduled payouts daily (3 days in arrears) or weekly (1 week in arrears), you’ll always get paid on time and accurately. Extended warranty merchant accounts from emerchantbroker.com help merchants never worry about receiving money again.
Although EMB’s underwriting team and acquiring banking partners set the rates and fees, merchant account rates offered by EMB are affordable and highly competitive. Final costs are based on a number of factors, and below you can read some of these factors:
- Average Ticket Size
- Chargeback Ratio
- Country of Registration
- Expected Monthly Turnover
- Merchant Account History
- Percentage of MOTO Transactions
- Processing History
- Who Hosts Your Payments Page
The application process is fast, simple, and without hassle. No application fees and no Visa/MasterCard registration requirements are included. What is more, merchants can enjoy competitive rates and multiple secure payment gateways. After you’ve submitted an application, you’ll hear back in as little as 24 hours if not sooner.