Feb 25, 2019

DHL Closure in Chile Shows Global E-Commerce Market Struggles

Despite its status as one the most stable economies in Latin American, global package delivery company, DHL, plans to shutter its e-commerce business in Chile. Though DHL’s e-commerce division closes on April 12, the delivery company plans to keeps its other package delivery hubs running in the country. DHL only began delivering packages from online retailers to consumers in Chile...

Feb 25, 2019

Real Time Payments Expected to Bring Economic Inclusion to Peru

Thanks to a partnership with the London-based Vocalink, a real time payment system is coming to Peru. In December, Vocalink, a MasterCard unit, partnered with Cámara de Compensación Electrónica (CCE), the automated clearing house in Peru, in another move to revamp the payments operations in Peru. The system is not only expected to be on par with those in the...

Feb 25, 2019

Where to Get the Best Merchant Account for IPTV

Are you running an IPTV business? Is it hard for you, as an IPTV broadcaster, to find a reliable merchant services provider that’s ready to provide you with the best merchant account for IPTV? After all, it’s so much important for accepting credit and debit card payments from customers, isn’t it? Well, there’s no problem at all. Just keep on...

Feb 25, 2019

Cannabis Banking Services to Grow Your Business

Hundreds of companies are thinking of applying for medical marijuana licenses as it can be a very profitable industry indeed. More banks are offering services to the cannabis industry than years ago, but a banking gap hasn’t been eliminated yet. Why? Well, cash still remains king. If you need proper cannabis banking services, this article is right for you. Payment...

Feb 22, 2019

Hashing Out the Hassle of Getting a Hemp Merchant Account

By 2022, sales of products containing cannabidiol and other types of hemp will soar nearly 10-fold to $2.6 billion in 2022, according to the cannabis research firm, New Frontier Data. These stats were before the federal government’s landmark move to remove industrial hemp off its list of controlled substance. Thanks to this move, the plant’s popularity may catapult into a...

Feb 22, 2019

New Law Legalizes Hemp and Aims to Prevent Organic Fraud

After the U.S. adopted a law that aims to revive the agricultural industry by legalizing hemp and preventing organic fraud, authorities announced the largest fraud scheme to rock the organic farming sector. Recently, federal prosecutors announced that Missouri farmer and businessman, Randy Constant, was arrested for ripping off customers nationwide by falsely promoting more than $140 million worth of corn,...

Feb 14, 2019

MasterCard Makes Ending Free Trials Hassle-Free

MasterCard announced new guidelines to stop merchants that hoodwink consumers into signing up for paid subscriptions by luring them in with free trials. The goal is to make the process of cancelling subscriptions for those that started as free trials simpler. Understanding the New Guidelines Starting April 12, merchants that accept MasterCard must get the cardholder’s approval at the end...

Feb 14, 2019

Legalized Cannabis: Get a CBD Merchant Account

The number of states choosing to legalize marijuana is growing. After marijuana became legalized in certain places, scientists started studying the advantages and disadvantages brought about by this plant. So, if you’re interested in the effects of the drug and want to find the best CBD merchant account, just keep on reading this article. The Effects of Weed As you...

Feb 14, 2019

Giving Credit to the Adult Space: Adult Merchant Accounts

Running an adult business is one of the most profitable avenues of online moneymaking. Are you an adult business owner interested in growing and developing a much stronger business? What are the best adult merchant accounts to help you with this? Just read below to know what you need. Modern Adult Industry The modern adult industry offers new opportunities to...

Feb 14, 2019

How to Get the Best ASMR Merchant Account

Are you making ASMR videos? Maybe you’re searching for a reliable payment processing option for online transactions except for PayPal, aren’t you? No worries! Just read this blog post and you’ll know about the right ASMR merchant account, and more. ASMR Creators Worried The autonomous sensory meridian response or ASMR videos are movies with sounds meant to make the audience...

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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