Dec 28, 2018

Secure and Low Cost eCommerce Merchant Account

eCommerce has transformed the world you knew in so many ways. Today, if you want to remain competitive in your industry, you can’t do without maintaining online presence. Quite naturally, safe and reliable online payments are essential for any type of eCommerce business, and that’s not enough. You should also have an affordable eCommerce merchant account. So, how can you...

Dec 28, 2018

The Importance of an MCC Code

Many businesses may not know, but an MCC code can you reduce chargebacks. What is a MCC? Credit card networks, such as Visa and MasterCard, assign A merchant category code (MCC), which is a four-digit number, to every business when it applies to accept credit cards. MCC codes are assigned based on the information about the products and services that...

Dec 28, 2018

ACH Electronic Debit

Wondering whether you should use ACH electronic debit for payment processing or not? What benefits or weaknesses does ACH billing have? Well, no worries! This article will tell you what ACH debit means and where you can get approved for ACH transactions fast and easily. ACH Electronic Debit: How to Make Reliable ACH Transactions ACH (Automated Clearing House) payments are...

Dec 27, 2018

Tips for Getting Approved for a Merchant Account

Merchant accounts allow you to accept and process credit and debit card transactions. Though these accounts are something many merchants get approved for on a regular basis, some businesses, like those in speculative industries or those with no processing histories, can have difficulty getting one. Read on to find out how you can increase your chances of getting a merchant...

Dec 27, 2018

The Playbook for Getting a Fantasy Merchant Account

In addition to its popularity, fantasy sports fits right into the world’s growing affinity toward a cashless society. Fantasy sports players use smartphones and other mobile devices to draft teams, change lineups, research players, and check on player injuries. For fantasy sports operations to thrive, they must be able to accept and process credit card transactions. To do this, they...

Dec 27, 2018

Dental First Financing: Financing for Your Dental Office

Are you a new dentist trying to establish a dental practice, or an experienced professional looking to react to changes, meet customers’ needs, and boost your growth potential? Regardless of the reason, you might be interested in Dental First Financing, mightn’t you? This article will tell you about some basic financing options and prepare you for getting them easily. Financing...

Dec 27, 2018

Merchant Account Fees: Best for Your High Risk Business

Knowing what merchant account fees you’re going to pay to your processor will help you avoid unexpected costs. This is especially true of those who’re high risk. So, if you want to avoid unfavorable surprises and enjoy the most reasonable deal, just keep on reading the post. Merchant Account Fee: What to expect You can’t connect to credit card networks...

Dec 26, 2018

The Role of E-Contracts in Successful Chargeback Mitigation

In the payments industry, many discuss a variety of ways of cutting chargebacks, but the most efficient way may be through e-contracts. What are E-contracts? E-contracts, also known as electronic contracts, work just like paper contracts. They outline the terms and conditions of agreements for the parties involved. They are signed via computer apps or through email, and if they...

Dec 26, 2018

Are Electronic Check Payment Services Right For You?

Are you a merchant looking for a way to collect eCheck payments from your customers? Do you want to know more about eChecks? Don’t worry! This article is here to help you with electronic check payment and the best processor for this. Electronic Check Payment: What It Is? It wasn’t long ago when people wrote personal checks, the recipient delivered...

Dec 19, 2018

OnlyCoin Merchant Account

The concept of wireless payments isn’t something new. The professionals in the field have been working on delivering financial services that offer more convenience and ease of use to people all over the world. So, the market is growing and evolving with rapid advances. Have you heard about OnlyCoin? If you want to know how payment technology companies are looking...

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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