eMerchantBroker | Industry-Leading Timeshare Merchant Accounts

Dec 15, 2017

Timeshares (also known as vacation ownership) continue to be one of the most popular ways to vacation. According to the American Resort Development Association (ARDA), they generated $8.6 billion in annual sales in 2015 – up 9% from 2014. Vacation timeshares are much more deluxe than a traditional hotel room, and often offer additional conveniences and comforts. Despite timeshare’s popularity, many banks consider timeshares high risk businesses, alongside other travel and tourism merchants.

Why? The timeshare industry is known for experiencing its share of chargebacks. For most consumers, owning a timeshare is a huge commitment – one that they sometimes change their mind about. Thus, timeshare, travel and tourism industries are prone to higher chargeback rates, making it incredibly difficult for merchants to secure the services they need to operate smoothly.

Fortunately, not every lender feels the need to steer clear of these merchants. EMerchantBroker.com, for example, specialize in offering these businesses – and a long list of other “high risk” merchants – the opportunity to build and expand their business. Through strategic partnerships, EMB offers industry-leading timeshare merchant accounts; this includes chargeback protection and prevention programs and business funding solutions.

Timeshare Merchant Account

Timeshare owners often decide to rent out their timeshare property during periods they are not using it, allowing them to take advantage of extra income. The average cost of a timeshare is between $10,000 and $19,000, and fees range between $300 and $700. Of course, these amounts will vary depending on the time of year and location.

A timeshare merchant account provides the services required to safely and efficiently manage timeshare and real estate transactions. Working with a credible processor like EMB also provides a team of professionals with years of experience for support. Ultimately, a timeshare merchant account allows timeshare businesses and owners to easily and quickly accept a variety of payments.

The No Fee application for a timeshare merchant account with EMB can be completed in a matter of minutes. Cost-effective rates have made EMB’s timeshare merchant account an industry-leading solution. If your business involves travel and timeshare, you understand the need be accessible anytime, anywhere. With EMB, your business can accept payment electronically from any location, at any time. Avoid the challenges of traditional banks, and consider what an EMB timeshare merchant account can offer you.

Award winning.

  • 2012
  • 2013
  • 2014
  • 2015
  • 2016

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.

Live Chat