Garnering sales in the event ticket area can be quick and easy. There are always shows, concerts, and sporting events that need ticket sales, and it can be easy to get into the industry. However, while it can be easy to get into the industry, it can be hard to find a merchant account processor to take payments.
A merchant account is an absolute must for any business, as it helps merchants accept plastic card payments. Without the ability to accept plastic card payments, your business would quickly dwindle. The majority of ticket sales are made online, thus the ability to pay with a check or cash is pretty much zero. While it seems like an easy task to find an event ticket broker merchant account, it can be tricky because of the industry’s belief that these companies are at a higher risk of incurring fraudulent charges. While event ticket brokers have a slightly increased chance, the vast majority of mainstream merchant account processors and banks will not deal with these businesses, out of fear of chargeback fees. Chargeback fees occur when a charge is disputed, and can oftentimes cost more than the charge itself.
What you need is a merchant account processor that specializes in high risk merchant accounts. It sounds scary, but it is not. Many “normal” businesses are in this category, such as car dealerships, credit repair companies, and e-cig vendors. While you can always Google “high risk merchant account”, it is always best to stick with the best. eMerchantBroker is the #1 top-rated high risk merchant account processor in the United States. We know that event ticket broker merchant accounts are at risk of chargebacks, and we will not penalize you for it. We offer the latest terminals, software, and security to help keep your customer’s information secure.
Event ticket broker businesses are very lucrative and very much in demand. While the money can be good, you can have a hard time finding an event ticket broker merchant account, if you are not sure where to look. You need to look no further than EMB.
Contact us today for an event ticket broker merchant account!