Get A Reliable And Low-Cost Tech Support Merchant Account

Apr 07, 2017

According to Parks Associates, a consulting firm, the US tech support industry generates nearly $30 billion in annual revenue. Based on the market research analysis provided by Technavio, a leading technology research and advisory company, the global technical support outsourcing market is expected to grow at a CAGR (compound annual growth rate) of over 6% from 2016 to 2020.

Tech Support Industry

If you’re in the tech support industry, you might be looking for reliable credit card processing at affordable rates. Unfortunately, you can’t find many merchant account providers that provide a tech support businesses with merchant accounts. Moreover, there are even fewer providers that offer secure and reliable credit card processing at affordable rates.

The thing is that the tech support industry is often classified as high risk as it’s associated with high chargeback rates. So turning to traditional low risk credit card processing companies may disappoint you as they are likely to reject you.

Happily, reputable payment processors like emerchantbroker.com can get you a reliable and low-cost tech support merchant account that will best suit your business needs. EMB is voted the #1 high risk merchant account provider in the US and has an A+ rating with the BBB.

A Tech Support Merchant Account from a Reliable Payment Processor

Outsourcing tech support is already a major industry. Global companies are more often outsourcing technical support services that would otherwise require more infrastructure, capital investment, and human resources. As a result, these companies get an opportunity to cut costs associated with hiring and training tech support specialists.

A globalized economy makes companies look for efficient business alternatives. Big companies outsource their technical support with the help of intermediary management companies. Thanks to EMB, you’ll be able to easily process electronic payments  around the world.

Global business relationships are associated with distance and management problems, so it might be challenging to find the right merchant account for your tech support company. Fortunately, this is not the case with EMB.

No matter your tech support is software, application, product related, installation, connectivity, or troubleshooting, EMB can get your payment processing setup for your high risk outsourcing business. EMB has helped many tech support companies get a domestic merchant account.

EMB Offers:

  • Experienced Staff
  • Proven Support
  • Speedy Signup
  • Real Results

Emerchantbroker.com is rated A by Card Payment Options and is one of Inc. 500’s Fastest Growing Companies of 2016. EMB offers 99% merchant approval rating.

 

Let us help you get a high risk merchant account today!

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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 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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