Event Ticket Broker Merchant Account from eMerchantBroker

Aug 28, 2014
sportsGarnering 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 often times 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 customers 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!

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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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