Get Real Merchant Solutions for Bitcoin

Dec 13, 2017

No matter you’re operating online or in a physical location using, by using Bitcoin you can enjoy significant benefits. These benefits can prove to be more significant than those associated with credit card services and other payment methods. So, it’s no surprise that many websites are now accepting Bitcoin as payment for the goods and services they offer. Moreover, the number of brick-and-mortar sites starting to accept Bitcoin is increasing as well.

Bitcoin is a cryptocurrency and payment system that can be used all over the world. It’s the 1st decentralized digital currency or the system that works without a central bank or single administrator. The network operates on a peer-to-peer basis, and transaction processing takes place between users directly through the use of cryptography: no intermediary is needed.

The domain name “bitcoin.org” was registered on 18 August 2008. In November 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. Nakamoto put the bitcoin software into implementation as open source code and released it in January 2009. The identity of Nakamoto is unknown.

It can prove to be challenging to find a processor to open a Bitcoin merchant account. Traditional processors as well as mainstream banks won’t be willing to accept your business. Thankfully, there is a high risk specialist like emerchantbroker.com that can get you a Bitcoin merchant account easily. You can start accepting orders within 72 hours. EMB is voted the #1 high risk payment processor in the US and offers secure gateways ready to accept mobile payments.

Emerchantbroker.com boasts an A+ rating with the BBB and has an A rating with Card Payment Options. Moreover, EMB is one of Inc. 500’s Fastest Growing Companies of 2016. EMB serves both traditional and high risk businesses.

The fees associated with using Bitcoin are lower as compared to traditional payment mechanisms, and payments settle instantly. You won’t be faced with chargebacks since Bitcoin transactions are final and confirmed on the blockchain, which “makes the final decision” concerning returns and fraudulent activities. The blockchain is the world’s leading software platform for digital assets.

If you’re interested, you can apply for Bitcoin merchant solutions that provide invoices and easy-to-use point-of-sale (POS) applications designed to operate on a smartphone or tablet. Usually, many merchant processors instantly convert the Bitcoin payment to your local currency at the current exchange rate.

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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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