Jan 07, 2014

Federal Reserve Payments Study Reveals Trends in Non-Cash Payment Patterns

Just over a few weeks ago the latest edition of the Federal Reserves Payment Study was released to the public. The study revealed more about the growing trend of non-cash payments shifting towards credit and debit cards and away from checks. These trends are important to track for small business owners as they identify growing consumer tendencies that will impact...

Jan 06, 2014

Breaking Down Wireless Payment Processing vs. Square for High Risk Merchants

Mobile payment apps, wireless terminals, and online payment processing is changing the way retail works with regards to credit and debit card transactions. Any business now needs to have the ability to enable their app-savvy consumer base to make purchases as they peruse a business’ products. There are options available to merchants as to what is the best mobile payment...

Jan 06, 2014

Mobile Apps Offer Customers New In-Store Payment Methods

A growing trend in retail has been the implementation of customer-based check out processes. Manual check out stations are becoming a staple and grocery stores and now anyone with an iOS Apple mobile device may be able to complete a purchase without swiping a card in a store. This has significant implications for high risk businesses and underscores the need...

Jan 06, 2014

Handling AVS Mismatches for Credit and Debit Transactions

A common stumbling block for small businesses is AVS (Address Verification System) mismatches during credit or debit card transactions. There mismatches are fairly common and can occur online or in person. They’re an inconvenience to the customer who temporarily loses the funds used for the purchase and they’re an inconvenience to the merchant because they are often blamed for the...

Jan 06, 2014

Debt Collection Software: Collections Max

eMerchantBroker.com understands the difficulties involved with running a debt collection agency. It’s a high-risk business that comes with numerous challenges to overcome. Aside from operational concerns such as merchant accounts, finding appropriate software to run your business through can be a headache for any entrepreneur. Debt collection software is pricey if you want performance and if you try to run...

Jan 06, 2014

Credit Card Processing for Vape Shops

For online merchants, one of the most important steps in running a smooth business is having a reliable credit payment processor: a merchant account. If you operate an online e-cigarette business you will fall into a high risk business category that will make opening merchant accounts difficult. The reality is if you want to open a merchant account for your...

Jan 04, 2014

Why Are Adult Dating Merchant Accounts Considered High Risk?

Online adult dating websites are growing exponentially in popularity and profitability. Statistics show that this online industry is changing perceptions and dynamics within social norms regarding dating and relationships amongst adults. If your business is in this lucrative sector, the first and most pressing need for the smooth operation of your business is the need for an adult merchant account....

Dec 20, 2013

‘Tis the Season For Retail Revenue…and Chargebacks

Commercial retailers love the holiday season almost as much as kids do because they receive the best present possible: a flood of revenue streams. The holiday season alone can account for 60% or more of any business’ annual sales profit. The convenience of online shopping and customers trending towards the at-home shopping experience means that merchant accounts will become extremely...

Dec 20, 2013

Partner with eMerchantBroker.com and Become an Agent Today

Are You Interested in Becoming a Merchant Services Agent? If you’re interested in becoming a merchant services agent look no further than eMerchantBroker.com. With an easy application process you can skip all of the red tape and start up your agent career now. eMerchantBroker.com agents benefit from friendly residual splits and free equipment bonuses to help you jump start your...

Dec 20, 2013

Mobile Payment Security: PCI Compliance and You, the Merchant

The mobile app world is reaching beyond time-wasters at work and fitness tracking apps for the healthy-minded individual. We at eMerchantBroker.com recognize the power of apps is now entering the world of commercial retail as consumers now have apps that enable them to make credit payments using their iPhones, tablets, and Androids. As a merchant, it’s vital to offer as...

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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