Merchant Account for Age Verification Services from EMB!

Jun 15, 2015

Alcohol sales around the world require that the merchant abides by the mandatory license requirements available for the practice. The merchant should be guided by certain market best practices so they are not tricked into allowing underage persons to buy and consume their alcoholic beverages.

Each premise that is a license holder is required by the mandatory license conditions to have in place a proper age verification policy guiding their club, premises, or any other alcohol outlets in relation to their supply or sale of alcohol.

Meaning of an age verification policy

An age verification policy refers to the procedures that are established and practiced to guard against sale of alcoholic beverages to persons below the majority age. When any customer who appears to be below the accepted age attempts to purchase alcohol, they are normally required to produce suitable proof of their age. Failure to do so would always result in the customer not being allowed to obtain the alcohol.

These policies are already available and well instituted in many businesses across different states. The age that should have access to alcohol has been 21, and more recently 25. Alcohol is not the only product that will require you as a merchant to have a proper age verification policy in place.

A tobacco seller is equally bound by the laws regulating the age that should be allowed access to the product. If you are a merchant offering any of these products therefore, you need age verification services.

You will constantly be faced with the challenge of trying to validate the correct age of a customer. A number of underage folk will make attempts to circumvent your age verification policies time and again. The only way to be safe is by getting your Age Verification Merchant Account from a reliable provider.

EMB, or eMerchantBroker is one industry player that offers reliable age verification account services that can be relied upon to offer accurate results. You do not want to face issues of legal compliance for your business.

You can protect your business license by electronically scanning customer IDs with help from EMB. Get in touch with EMB today for your custom Age Verification Merchant Account services.

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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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