EMB Supports Hotels | Hotel Merchant Account

May 29, 2015

Do you have a small hotel but, can’t find a payment processor to help you fulfill your dream? Unfortunately, if you have a boutique hotel, or bed and breakfast, you may not be able to find a payment processor to handle your account, as investing in new hotels is considered high risk. Luckily there are some online payment processors who don’t see investing in small hotel businesses as risky, but as an opportunity to turn a small idea into a big money maker.

eMerchantBroker.com is one of the largest high risk payment processors in the U.S. and Canada. We specialize in providing competent and extensive payment processing to businesses that other processors avoid. The hotel industry and other travel related industries are in demand, this means now is a premium opportunity for hoteliers to double or triple profits by expanding the way they accept payment from customers. Without a trusted payment processor, many small hotels form risky contracts with overseas entities, or are punished by excessive fees with established figures like banks.

eMerchantBroker.com has a wide network of service providers with cost effective rates and a no application fee process. We have a secure payment gateway and no VISA/Mastercard is required to get your application started.  After your application has been approved, you could have your hotel merchant account functional and making money in as little as three days. We have helped thousands of small businesses, just like yours, create successful domestic accounts. With a full suite of electronic payment processing solutions, our merchants are no longer encumbered by only being able to accept cash. Now they can accept a wide range of payments including credit cards and electric checks.

An experienced staff that specializes in high risk businesses is extremely important in maintaining and expanding your business. Our team is the most experienced in the processing industry. It helps to know that your hotel merchant account is being monitored 24 hours a day by simply the best. This enables business owners to keep their minds on developing their businesses and not on security. Contact us to see what our services can do for your hotel business.

 

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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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