How to Find the Best Business Merchant Account for your Small Business

Jun 10, 2014

Owning a small business is the American dream for many people. It can be freeing to be your own boss, set your own hours, and make all of your own decisions. One of the most important decisions is which merchant account processor is best for your business, especially if your business is considered “high risk”. There are many options to choose from, and yet only a few are totally dedicated to the high-risk industry.

If your business is labeled as high risk, it can be for many reasons. Some of the most common is not related to the business owner but instead relate to the industry itself. Those who operate gambling, auction, dating and collections agency businesses are labeled as high risk. This label is due to the fact that these businesses have a higher risk of fraudulent activity, versus other businesses. Because of this label, many merchant processors are not willing to work with these merchants and most that are charge higher fees. However, there are companies that work specifically with high-risk merchants, such as (EMB). EMB specialized in high-risk accounts and offers chargeback insurance, which helps combat the outrageous fees of a chargeback. Chargebacks are common with high-risk businesses, so this insurance is a great benefit to those looking for a business merchant account.

The payment processing industry is an extremely complicated, convoluted industry. Many companies provide the same services, and in some cases are both competition and partners. There are a lot of middlemen and resellers in the marketplace that tends to make things very confusing for the average merchant. This is why you need an experienced and reliable business merchant account processor. We at EMB have years of experience with merchant accounts, from adult entertainment websites to auction websites. You can be approved in as little as 24 hours, with zero fees. Our clients can access the latest terminals, software, and security, which helps keep your business secure. Most of all, EMB is here for you. You can access us via email, telephone, live chat, Facebook, or Twitter.

For more information, or to contact us, click on the button below. 



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

Get Started

Award winning.

  • 2012
  • 2013
  • 2014
  • 2015
  • 2016

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.

Live Chat