May 12, 2022

Get An Adult Payment Gateway Solution For Your Business

Are you an adult entertainment merchant in need of a payment gateway solution? Chances are, you have tried to acquire a traditional merchant account through a bank or other payment provider and have failed. There are several reasons for that. First of all, the adult industry is considered a high-risk industry. The adult entertainment industry is filled with fraud, chargebacks,...

May 12, 2022

Open A Vape And e-Cigarette Merchant Account

Grand View Research reported that the size of the e-cigarette and vape market size was valued at as much as $6.09 billion back in 2020. But it is also set to expand at a compound annual growth rate of 27.3% from the years 2021 to 2028. Worldwide vaping sales alone are expected to hit $40 billion by the year 2023....

May 12, 2022

Online Dating Merchant Accounts: Find Your Match

According to The Pew Research Center, close to 30% of American adults have tried online dating platforms. It also found that this type of platform was preferred more by men than women.  Online dating platforms are also more popular among singles in their 20s versus singles in their 60s. Almost half of those surveyed (48%) that tried online dating were...

May 09, 2022

Crypto Offers An Alternative To Traditional Payment Processing

Merchants that have been watching payment trends know that the world of e-Commerce, as they know it, is evolving rapidly. As the popularity of online shopping continues to soar, especially post-pandemic, there is no doubt that customers want a more seamless, digital payment experience.  It was estimated that, in August 2021, there were well over 70 million blockchain wallet holders....

May 04, 2022

How To Apply For A Credit Repair Merchant Account

Credit scores reveal a lot about the financial health of an individual. A good credit score allows access to many financial products such as bank loans and credit cards where the terms are more favorable than if the consumer had a poor credit score.  A poor credit score can bring a host of problems. It could make it difficult to...

Apr 29, 2022

The Pros and Cons Of Chargeback Insurance

Although many merchants today will argue that chargebacks are part and parcel of running an online business, it is not something to tackle without some serious reinforcements. The negative repercussions are too great to not have a solid, strategic plan to mitigate them. Chargebacks are a substantial drain on a merchant’s finances.  It is more effective to take a proactive...

Apr 29, 2022

Adult Merchant Processing: Why You Need It

The Internet has made access to adult entertainment easier than ever. According to the findings made by Transparency Market Research, the global market value is expected to reach $300 billion by the year 2030. With new technologies being introduced into the adult market, such as virtual reality, there is a great potential for these types of innovations to become the...

Apr 28, 2022

7 Industries That Require a High-Risk Credit Card Processor

Due to the nature of their respective verticals, high-risk merchants have often turned away from traditional payment processing.  Why? High-risk businesses are more prone to chargebacks and fraud. Although the risk is inherent in every business, high-risk businesses are attacked at higher rates than low-risk businesses. What Other Activities Subject Businesses To The High-Risk Category? There are a number of...

Apr 25, 2022

PayPal vs. Merchant Account: Which Is Right For Your Business?

With the growing popularity of e-Commerce, any merchant looking into launching an online venture must carefully consider how they will be processing customer payments. When researching the best payment service provider, one must look at a variety of specificities such as the availability of funds, access to offshore accounts, and even hidden fees.  The most popular methods that new merchants...

Apr 25, 2022

Protect Your Business From The Uncertainties Of Disputes

If the devastating effects of the COVID-19 pandemic were not enough, businesses must also contend with the steady rise of “friendly fraud”. This is when a customer makes a purchase, receives the product, then requests a refund from their credit issuer. This refund is also known as a chargeback. Chargebacks can be deadly for the business bottom line, and eventually...

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.