Aug 13, 2019

Payment Processing for Continuity Subscription Merchants

The continuity economy is among the most successful business structures. However, the high risk nature of continuity subscription businesses makes merchants look for high risk payment professionals that can help them grow their business with ease. This article will help you discover more about these businesses, as well as will help continuity subscription merchants avoid having a harder time opening...

Aug 13, 2019

EMB Payment Gateway’s

If your customers have no option to pay you online, you’re risking to fall behind the competition in the eCommerce market. So, it’s high time you applied to a reputable payment processor for reliable and low cost merchant services that’ll allow you to accept payments over the internet. EMB payment gateway is among the services to consider. Let’s move forward...

Aug 13, 2019

Get the Right Bitcoin Merchant Account That Fits Your Business Needs

Today’s payments industry is competing with traditional financial systems, but it’s already clear that amazingly flexible digital currency Bitcoin isn’t going to disappear any time soon. Bitcoin is changing and will continue to change people’s lives to a greater extent. If you’re a merchant interested in a reliable and low cost Bitcoin merchant account, you’re at the right place. The...

Aug 12, 2019

Are eChecks Safe | How eChecks Work and What Benefits They Have

The digital payment processing field is becoming more and more crowded. So, it’s no surprise that electronic payment processing methods like eChecks are gaining more traction with businesses and consumers all over the world. What many people often ask is “are eChecks safe?” To find out if electronic checks are safe and discover an exceptional eCheck payment processing provider, just...

Aug 08, 2019

Ecommerce is Need for Age Verification Software, Analysts Say

Online marketplaces and services are becoming the shopper’s favorite, and most companies are taking their businesses to the web; or running both physical and online stores. Once they are there, they realize they’ve landed in Rome and have no option but to blend in if they are going to survive— adopt a customer centric approach. But Jia Wertz, an ecommerce...

Aug 08, 2019

EMEA Shoppers Shift to Digital and Mobile Transactions

During the first quarter of this year, more than the 70% of the 3.1 billion transactions made by online shoppers across Europe, the Middle East, and Africa (EMEA) originated from mobile devices. With the uptick in mobile purchases also comes the increase in cybercrime and fraud attacks. Between January and March 2019, the ThreatMetrix EMEA Cybercrime Report: Q1 2019 shows...

Aug 05, 2019

FDIC Shifts Ground on its Controversial “High-Risk” Merchant Category List

A few months ago— the Wall Street Journal featured news that the court had made a decision on a lawsuit fined by Lenders against the FDIC. It meant than banks must not rely anymore on a list of “high-risk” categories released by the FDIC— among them coin-trading merchants. And now, it seems like the Federal Deposit Insurance Corporation has backpedaled...

Aug 05, 2019

Study Finds, Most Counterfeited Products in the EU are Produced and Sold by Organized Syndicates

Europol went public with a report on the ongoing counterfeiting, and what came out should be an eye-opener. The cross-national police force was working with European Union Intellectual Property Office (EUIPO), and their investigations came to one conclusion; professional syndicates organize most of these crimes. This was the first-ever Intellectual Property Crime Threat Assessment covered the entire European Union. And...

Aug 05, 2019

Canadian Authorities Fails to Spot Money Laundering Activities 99.9 percent of the Time

Canada is not a crime-free paradise as many US citizens assume! According to a new investigation by the US State Department, Canada is one of the leading money laundering countries, perhaps comparable to notorious ones like Iran, China, Paraguay, among others. The report highlighted that Canadian banks aren’t taking the necessary Anti Money Laundering measures, a practice that has turned...

Jul 25, 2019

Installment-Payment APIs Now Part of Visa’s Business

In a move to better align itself with its fiercest competitor, Visa Inc. has announced that it will get into the installment-payment APIs market. The announcement came shortly after Mastercard Inc. told the world it bought Austin, Texas-based point-of-sale credit financial technology company, Vyze Inc. and as the product gets more popular due to options offered from non-banks, like Affirm...

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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