iCheck and Check Processing Services for Lawyers

Sep 14, 2015

The legal and medical professions often find themselves in the forefront of many technological and financial evolution’s. The ability to adapt and constantly upgrade processes is a necessity for any modern doctor’s office or lawyer’s office. Yet many lawyer’s offices still haven’t utilized the most modern payment processes that give clients the ability to make payment using mobile technology or online technology.

Why do so many law firms still exclusively process paper checks when technologies like mobile payments have become mundane in other less timely professions? A recent IDC report predicts that by 2017, 1.5 billion smartphones will be active across the world, and about $90 billion will be exchanged using mobile payment processes.

Lawyers  must consider this trend in their daily interactions before their clients leave them behind. Soon whether or not a law office has fast and convenient payment solutions could give the progressive office a competitive advantage. As a result, many law offices have turned to merchant service providers like eMerchantBroker (EMB) for check processing for lawyers.

EMB has developed a reputation as the best high risk provider. That’s because we provide innovative payment processing solutions like iCheck. iCheck allows for faster funding on a variety of checks like travelers, personal checks, business, money orders, government, cashier’s certified. Thanks to iCheck, these payment methods don’t even require consumers to be present at the time of the transaction.

iCheck comes with many convenient and time saving features that clients appreciate and will come to expect like:

  • Convenient application feature users that enable consumers to take photos of checks for payment
  • The ability for law firms to add pay now buttons to their websites, and email invoicing to speed up payments.
  • The check-by-phone service also allows merchants to process checks over the phone. EMB also offers paper guarantee; this means a law firm will still have the ability to accept and process paper checks without any risks.

EMB is a leader in online check processing for lawyers. Don’t miss out on this profitable payment processing method.

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 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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