Finding a merchant account processor is tough for any company. There is so much reliance upon the company that you must make the right choice. It can be nerve-wrecking, because there are many processors, and many different ways that they operate. Not every processor is for every company, and if you have a penny auction website, you know that it can seem impossible to find a penny auction merchant account. Those who typically offer services have high processing fees and a low tolerance for fraudulent issues. Luckily, EMB has the answer for those in need of a penny auction merchant account.
EMB, or eMerchantBroker.com, is one of the best known and top-rated merchant account processors to specialize in “high risk” businesses. These businesses range from penny auctions to dating websites to e-cig websites, and even business owners with bad credit or no business experience can be labeled as such. There is no shame in this industry, but many processors look down on these businesses, and while they may take on their accounts, they dump them or jack up fees when times get tough. High risk businesses are prone to fraudulent charges and their chargebacks, which can cost time and money. A reliable processor like EMB know that this is simply part of the industry.
EMB offers up the perfect merchant account for penny auction merchants. If you keep a chargeback rate of 3% or less, you can be approved for a penny auction merchant account in as little as three days. This turnaround time is unheard of in the industry! On top of that, you are also getting the experience that thousands of other merchants rank as “best of the best”. EMB is a mainstay at the top of merchant account processor industry awards, and they are a great place to start when looking for your penny auction merchant account.
Penny auction websites cost little money, and can yield big returns. This is a great way to get into the business world, but finding a merchant account can be hard. Your first stop for a penny auction merchant account should be EMB.