Magazine sales are on the rise again, and it is the perfect time to offer up the product. Though there are many different avenues of magazine sales, one thing is constant: You need a merchant account. A merchant account allows your business to accept plastic card payments. While you could easily Google “merchant account”, you may have trouble locating one that specializes in magazine sales merchant accounts.
This is because magazine sales merchant accounts are considered to be “high risk” to many merchant account processors, due to their higher rates of fraudulent activity. Many simply will not deal with these merchants, and those who do tend to hike up their rates. You need the absolute best for your magazine sales merchant account, and EMB is the absolute best. EMB, or eMerchantBroker.com specializes in “high risk” merchant accounts, such as magazine sales merchant accounts. We know that this is an especially tough business, as many order a magazine, have second thoughts, and then report it to their bank as “fraudulent” activity. This can be tough to determine, but we provide an optional chargeback suite that can help you figure out if it is a legitimate charge or a fraudulent charge. It can also help you lower the chargeback fees that are associated with fraudulent charges. These fees can be upwards of 270% of the original fee and can be disastrous to any business.
The vast majority of magazine sales are done online, and we cater to online merchants. Our software is up-to-date, as well as our security, to help keep your customer’s information secure. While nothing can prevent hackings 100% of the time, up-to-date and advanced security and the software do tend to help deter many hackers. For our in-store terminals, they are also equipped to accept traditional plastic payment cards alongside the upcoming chip and PIN cards.
For more information, contact EMB today.