EMB Offers Merchant Accounts To Financial Consulting Companies

Sep 02, 2016

Business Consulting is one of the many types of businesses classified as high risk. This means traditional banks and the majority of processors will refuse to open a merchant account for your company. That is why it is highly important to search for a reputable payment processor that will get you a merchant account without major difficulties.

Business consultants are absolutely reliable professionals and play a critical role in building the US economy. However, they are considered high risk by banks. This makes it rather difficult for them to get approved for payment processing accounts. Also, be aware that the fees, in this case, are usually higher, and the rates are unnecessarily inflated. Beyond that, merchants trying to obtain an account may be obliged to provide a reserve on credit card processing.

EMB, a leading provider of payment processing solutions across the US, is the #1 high risk processor the US that has an A+ rating with the BBB. You can apply to EMB for a financial consulting merchant account and easily open it to start enjoying all its benefits.

The great thing about EMB is that it has come to the rescue of these consultants to help them start and improve their business. Moreover, EMB is now providing them with safe and secure, affordable and effective payment processing solutions.

With emerchantbroker.com, merchants can take advantage of the following benefits:

  • 24-hour account monitoring so that all merchant accounts managed are monitored 24/7 the moment the account is established. As a result, you get the highest level of security anywhere, anytime.
  • No setup fees are required so you can open an account at any time.
  • Unmatched chargeback protection and prevention programs to protect you and your business from any form of chargeback.
  • iCheck processing to enjoy a reliable iCheck check processing program for immediate payments.
  • High volume solutions from load balancing to multiple MIDS. EMB boasts all the High Volume solutions to take your business off the ground and help you expand and increase revenue.
  • Fast approval that is without hassle.
  • Speedy Signup that takes only a few minutes.
  • Multiple gateways, EMB’s own gateway included.
  • Lowest possible rates in the industry.
  • Business funding options, a Merchant Cash Advance included.
  • Real results.

And 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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