eMerchantBrokers Collection Agency Merchant Account Services

Jul 17, 2014

Collection agencies are big business, and it can seem like a good idea to use this opportunity to better your life. While it is a lucrative business, you also need to be aware that it can be tricky to get a merchant account from a bank or traditional merchant account provider. Fear not, though, as EMB is here to help you.

eMerchantBroker.com, is one of the United States top high risk merchant account provider. Collection agencies are usually tagged with the “high risk” label, because they are at a higher risk of fraudulent activity. This activity can occur from payments via a stolen credit card. These fraudulent charges can cost your business big money, thus many banks and traditional will turn them away. This will not happen with EMB. We at EMB have years of experience dealing with high risk companies, collection agencies included. We know the ins and outs and risks these companies bring, and we are prepared to take them on. We believe that all businesses deserve the bets security, software, and terminals, and we supply them to our merchants, regardless of their type of business.

Debt collection agencies are all about getting their clients’ payments so not having credit processing capability can stop your agency before it even gets started. Apply today for a new merchant account from eMerchantBroker. Our team is experienced at finding merchant accounts that are friendly to debt collection agencies. We do not require extensive credit history, and we can get your account set up in as little as 48 hours. This timeframe is unheard of in the industry! We at EMB also believe that everyone should be able to access a merchant account, so we do not require a Visa or Mastercard when you apply.

The application is free! What are you waiting for?  



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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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