Feb 29, 2012

High Volume Merchant Accounts – Penny Auctions

High Volume Merchant Account for Penny Auction

Do you need a high volume merchant account? Is your online business growing and your merchant account credit limit is maxed out?

Do you have a penny auction, or “entertainment shopping” website?

We specialize in penny auction websites and other high volume online merchant types. Many of these accounts are being shut down, or they are having high reserve percentages placed on their accounts.

We can approve almost ANY existing auction website with processing history. We can even approve new penny auction sites with no processing history.

We help high volume merchants manage their processing needs by providing a unique fraud management solution. We have a network of over 80 banks throughout the world and load balancing solutions to help ensure smooth processing, no matter what volume you need.

>> LOW Upfront Costs
>> NO High Reserves
>> Unlimited Volumes

Get approved for a high volume merchant account today by clicking on the image below.

Merchant Accounts for Every Business

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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