Sep 18, 2014

Lucrative Bitcoin Business Opportunity and a Bitcoin Merchant Account

bitcoinA predicted soar in price of the Bitcoin by the end of the year could be a business opportunity not to miss. With a conservative estimate set to reach the $2000 mark up from its current value of around $615, it could be a business opportunity to take advantage of before it is too late.

It is possible to set up a Bitcoin merchant account enabling your customer’s greater flexibility, while giving you the opportunity to deal in a commodity, which has the ability to see a dramatic increase in value. It is not very often an option like this occurs in the business world and taking advantage of this area could be a great move for your business.

It is important to understand that you don’t need to own a whole Bitcoin in order for you to use the currency; a Bitcoin can be part owned or another description is owning a percentage of a virtual coin. The price of the currency does fluctuate a lot, it depends on so many different factors, but currently the price has been in decline since November 2013 since the fall of the Mt Gox exchange, resulting in the restrictions that China imposed on their citizens for using any form of cryptocurrency.

It is not about a business being optimistic for the future, but realising the potential for their business and the benefit of offering Bitcoin as a payment option will make great business sense.

It is now possible to trade and use cryptocurrencies like never before, there are even ATMs that will allow you to withdraw the currency. It is not an idea or a concept that is going to disappear, or seen as a passing phase. It is reality; the cryptocurrency market is making a massive impact on the current financial way people use currency to pay for goods and services.

Therefore, if you are looking to be part of the future you must act now and contact us 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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