It Is Possible to Obtain an Online Firearms Merchant Account

Feb 13, 2015

Online firearm and ammo sales are big business. However, many times businesses have to pay a price for offering a popular product. With online firearm merchants, the main issue concerns a merchant account. An online firearms merchant account can be hard to locate. While you can always stick with a traditional provider, you are at their mercy, and face high transaction fees, and the threat of having your account closed due to one too many fraudulent charges. PayPal is also an option, but they also have a high rate of closing accounts, which they believe, take in too many transactions. Do not fret, as finding an online firearm merchant account is possible. You just need to know where to look., knows its business. EMB specializes in high risk merchant account providers, including online firearm merchants. High risk merchants are labeled as such because they tend to be at a higher risk of fraudulent activity and shady dealings. While the majority of high risk businesses are not, the few that are spoil them entire industry. With EMB, you get the amenities of a traditional merchant account, along with industry-standard fees, superior security, and access to chargeback insurance.

Chargeback insurance is a must for every online firearm merchant account, as it can help protect you and your business when a chargeback occurs. Chargebacks are the fees that come along with a fraudulent charge. Chargeback insurance can keep chargeback fees low, which can be helpful to all merchants. These fees can be as high as 270% of the original charge, so these fees can easily dismantle any company.

If you are looking to become an online firearm merchant, you need to contact EMB. With EMB, you have access to the best merchant account amenities, without the sky-high fees.

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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