EMB Offers The Best Credit Card Processing For Precious Metals and Jewels

Apr 28, 2017

If you’re involved in a business dealing with precious metals, you should be well aware of the complexity of the world of trading precious metals. You might what to put your money to use instead of keeping it in the bank. To do this, you should search for different ways to invest in. You can invest in shares, property or even gold and silver.

Precious Metal Businesses

Those who are investing in precious metals such as gold and silver will tell you that this isn’t only a highly lucrative but also a highly risky business. Who knows when the market is going to get unstable? Who knows what new laws are going affect the market?

Traders dealing in gold and silver usually go through rather complicated deals and riskier transactions. The fact that the rates of gold and silver change every day makes transactions not a simple thing to cope with. So be prepared for anything to have impact on the prices.

To facilitate the entire business and make payment transactions smoother, a reliable and secure merchant account will be needed like the ones offered by emerchantbroker.com. EMB is the #1 high risk merchant services provider in the US and has an A+ rating with the BBB. EMB is rated A by Card Payment Options and is name one of Inc. 500’s Fastest Growing Companies of 2016. Your high risk business isn’t a problem for EMB.

Precious Metal Merchant Account from EMB

Emerchantbroker.com knows your high risk business best of all and is well aware of all the challenges gold coins and precious metal vendors face in the online marketplace. You may not find it easy to open a precious metal merchant account or apply to a processor for credit card processing for precious metals.

Traditional banks and processors usually shy away from such high risk businesses and aren’t willing to give them business funding so to help them grow. This is not the case with EMB. EMB specializes in placing high risk businesses with rock solid banking partners and does its best to make everything simple for you.

Founded in 2011, EMB has years’ of experience in the field of merchant services and credit card processing for precious metals. EMB focuses on helping you manage all of your merchant account and payment processing needs so that you can avoid any payment processing problems in your business. Be sure professional at emerchantbroker.com will take care your business as if it was their own and eliminate the burden of your high risk business. EMB provides you the comfort and security you need to concentrate only on reaching success and further growing.

 

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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 on 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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