An Escort Business with Merchant Account Solutions is Possible

Nov 24, 2014

If you have ever thought about starting up your own escort business, then it is a great idea to find a merchant account, which will provide you with the service you need for your legitimate business.

While many people assume that being an escort business is little more than a prostitute, you could not be further from the truth. An escort business is a personal service where you go out to keep another person company. It is important that you run your business with integrity and an understanding to make your position clear and precise as to what you offer and what is off limits.

The escort business is in high demand for intelligent men and women to be available for conversation and to accompany a person to an event. The prices you can charge will depend on your location and your availability.

It is possible to accept credit and debit cards for business transactions, making your business seem more professional. Getting the right escort merchant account provider is important, you want one that specializes in escort businesses and understands the demands of a high-risk business.

You must demand a great service for your customers as well as for yourself, from the merchant provider. Don’t choose a company that charges you a sign-up fee, or offers high rates for the transactions, you might be a high-risk business but you still require a quality service to work with your business and not against it.

Therefore, if you are looking for a new business venture and have the ability to enjoy everyone’s company then becoming an escort might be a great business opportunity. Making sure that you express the rules of your business that it is not a sex industry and your customers are aware of the terms and follow your local laws, you will quickly find you can establish a great business venture.

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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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