Sep 16, 2022

Everything You Need To Know About Ecig Merchant Accounts

You Thought You New Everything About Ecig Merchant Accounts? According to a recent market research study by Facts and Factors, the global e-cigarette market size and share revenue accounted for about $17,429.5 million in 2021. It’s forecast to reach almost $42,906.36 million by 2028. Are you running or just opening an e-cigarette business? Where can you get a secure and...

Sep 13, 2022

Gen Zers and Their Growing Love for Crypto & NFTs

Cryptocurrency and NFTs are becoming more and more popular with Gen Z. Here’s what you need to know about these digital assets and how retailers can capitalize on this trend. Why are Gen Zers interested in cryptocurrency and NFTs? Gen Zers are drawn to cryptocurrency and NFTs for several reasons. For many young people, these digital assets offer a more...

Sep 13, 2022

All There is to Learn About High-Risk Merchant Accounts

A high-risk account is one typically used by businesses that are considered high-risk. This can include businesses in industries that are known for having a high rate of chargebacks or fraud or businesses that are new and don’t have a long history of credit card processing. Who Needs a High-Risk Merchant Account? Several businesses may need a high-risk merchant account...

Sep 11, 2022

Securing a Merchant Account for Your CBD Business

CBD is a hot topic in the industry, with major brands such as Amazon, Walgreens, and Walmart jumping on board to offer CBD products. With the growing number of retailers and companies selling CBD products, more retailers are turning to secure merchant accounts. But securing an enterprise-class business account is not easy. It can be quite a challenge for many...

Sep 08, 2022

Picking the Right High-Risk Payment Partner for Your Small Business

As a small business owner, you have enough on your plate, but payment convenience remains a priority. And if you’re in a high-risk industry, you may have had trouble getting approved for a merchant account in the past.  High-risk businesses are typically defined as those with a higher than average chance of chargebacks or fraud. This can include businesses in...

Sep 06, 2022

How to Find a Payment Processing Firm that Roots for Your

Finding a payment processor that roots for you gives your startup a head start. Many entrepreneurs get so caught up in their business’s day-to-day running that they forget what it takes to make their payments work properly. You need to find a payment processing firm that understands your challenges and will go above and beyond to ensure your customers don’t...

Sep 06, 2022

High Risk Merchant Account? What Is This?

A high-risk merchant account speaks of a business that is riskier in the eyes of payment processors because of higher fraud or chargeback rates. Below, you can read details concerning high-risk merchant accounts and know where you can find a secure and affordable account for your risky business.  What Kind of Accounts Are the High-Risk Accounts? Payment processors classify merchant...

Aug 18, 2022

Getting a Credit Card Processor for a High Risk Business

To find the right high-risk credit card processor for your risky business, you need to be well equipped with knowledge. This article provides some essential points to help you come up with an exceptionally high-risk merchant account provider.  What to Look for in a High-Risk Merchant Account Provider A high-risk business is associated with a higher risk of fraud or...

Aug 12, 2022

The Definition Of A High Risk Business

High-risk businesses can really have a difficult time acquiring credit card processing solutions, business loans, and even business insurance. Payment processors prefer to work with low-risk merchants as they have a lower risk of being subjected to chargebacks and fraud. What Is A High-Risk Business? A high-risk business is a type of business that has been designated by both payment...

Aug 11, 2022

Consumers Anxious About Fraud, But Faster Payments Are Appealing

More than ever, customers are looking toward faster payments, at least, this is what was discovered by a survey conducted by the Federal Reserve Banks. What Are Faster Payments? Before we dive into the key findings of the Federal Reserve survey, let’s talk about what faster payments entail. According to the Federal Reserve, “faster payments” comprise electronic payment services that...

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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