Does your auto business offer extended warranties? If so, you’ve probably had considerable trouble acquiring a decent payment processor. That’s because the auto dealership industry is considered high risk and few traditional entities want to do business with industries that have high chargeback percentages. There is also a high level of customer disputes in this area, a problem that most financial institutions just simply don’t want to face. Luckily, there are still a few payment processor alternatives for those in the extended warranty business to turn to.
Although the auto industry has bounced back, very few payment processors are willing to handle service merchant accounts necessary to keep the automotive business running. This can cause quite a dilemma for owners who want to sell vehicles but cannot offer extended warranties. The high risk merchants of eMerchantBroker.com know how to deal with the complexities of the extended warranty business. We don’t shy away from issues like high chargebacks, because we offer superior chargeback insurance. This type of insurance reduces the amount of funds owed in the case of a chargeback, which can result in fees that are upwards of 270% of the charge. This can be detrimental to new businesses that do not have a lot of funds and may even threaten their ability to stay open. Our Chargeback Shield and Fraud Prevention represent the best tools against fraud and customer service in the business.
EMB provides 100% secure solutions and has an “A” rating from the BBB. Also getting started with EMB is easy. There are no application fees and no VISA/MasterCard registration required. With the most competitive rates and multiple secure payment gateways, joining the EMB team is a no brainer for merchants seeking competent, secure and fast payment processing.
Don’t waste another day without great payment processing, or being charged excessive fees for only standard services. Contact eMerchantBroker.com to discover how their payment processing solutions can meet all your specific needs. Take advantage of our easy application process and move one step closer to starting and maintaining the extended warranty business of your dreams.