How Data Breaches Have Affected High Volume Businesses

Mar 18, 2015

Data breaches have hit all businesses hard, as well as processors. Many processors are changing the way they operate, as well as how much fraudulent activity they tolerate. While data breaches can happen with any business – even businesses with great security – they tend to happen more with businesses that have a high volume of transactions. This is why big-box stores are excellent targets for hackers. This is also why high volume merchant accounts are hard to find.

While high volume merchants need a merchant account, it can be difficult to find one. While it was a headache in the past, new fears ae making it even harder. The old standby was the “high risk” merchant account, which commonly dealt with high volume merchants, among others. However, since the mass hackings of 2013 and 2014, many of the “high risk” merchant account processors have turned away from high volume merchants. These high volume merchants already bring a higher risk of fraudulent activity and their accompanying chargebacks, and the risk of a mass hacking is too much to bear for some processors. However, this is tough on merchants. If you are a high volume merchant, and must have a merchant account to process checks and plastic card payments. While it may seem tough finding a high volume merchant account, there is a reliable option.

You need to turn to EMB, or, for your high volume merchant account. With EMB, you not only get the benefits and understanding of a “high risk” processor, but the option of a chargeback suite to help you combat dreaded chargeback fees. While optional, this is a great thing to possess for your business. While others typically charge high volume merchants higher processing fees, as well EMB do not. We charge industry-standard fees, and we do not drop accounts because they incur a fraudulent charge, or are hacked. With EMB, you also have access to new terminals, exceptional security, and software. When others have abandoned the lucrative businesses that are labeled high volume”, EMB has stood by proudly.


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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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