Apr 22, 2021

Open Banking in Brazil & the U.S.

Open Banking is already put into implementation. Countries apply it as part of their broader agenda aimed at modernizing their national financial ecosystems. This article is about this new trend and its implementation in Brazil and the U.S. Also, it’s about reliable and affordable merchant processing services from a reputable provider.  Open Banking in Brazil What’s open banking? It encourages...

Apr 21, 2021

How High-Risk Merchant Services Can Help CBD Companies with Payment Processing

Cannabidiol, commonly known as CBD, has been famous in recent years for its potential health benefits. Many companies offer CBD in the form of various products such as oils, tablets, edibles, and topicals like creams and lotion. It is why there is no surprise that the CBD market has been growing at a significant pace since more and more people...

Apr 13, 2021

Bitcoin Reaches Cryptocurrency $1 Trillion Market Cap

Bitcoin has reached “market capitalization” of $1 trillion, thanks to its growing acceptance among investors and companies such as Tesla and Mastercard. This event has dispelled any warnings from analysts who claim Bitcoin to be an “economic sideshow” and a “poor hedge”, should stock prices drop.  Analysts and investors, however, still remain unimpressed and highly skeptical of Bitcoin. They maintain...

Apr 13, 2021

Older Generations Hesitant Adopting Mobile Contactless Banking

The pandemic has altered the shopping experiences of customers throughout the world. Where baby boomers were previously less engaged in digital purchases, the onslaught of the pandemic has driven more boomers than ever to adopt digital technology. With their increased susceptibility to contracting the virus, many baby boomers turned to do more business online to avoid personal contact and ensure...

Apr 12, 2021

Why Your Gaming Company Is High-Risk And What To Do About It

According to Newzoo’s findings, by 2023, it is estimated that the global gaming market is set to exceed $200 billion. Since the COVID-19 lockdown, interest in online gaming has only surged. With a sudden influx of new gaming customers, revenue has escalated significantly. The market is definitely ripe for continued growth and gaming companies are beginning to see the great...

Apr 12, 2021

U.K. Regulator Addresses Banks Not Reimbursing Fraud Victims

Authorised Push Payment (APP) Scams occur when an individual or a business is deceived into sending money directly to a fraudster impersonating a legitimate payee. The results are disastrous for those ingenious people who fall prey to them. Based on findings by UK Finance, it found a total of 66, 247 cases of APP fraud reported in the first part...

Apr 12, 2021

Europe Leads In The Most CNP Fraud Attacks in 2020

To say that the year 2020 was full of turmoil, both at a health and economic level is putting it mildly. With a surge of the world’s population confined to their homes for weeks and months on end, it is no wonder that digital traffic exploded at an unparalleled level.  Around the world, people were suddenly dependent on the internet...

Apr 12, 2021

Accepting Credit Cards Online

For any online retailer who desires to grow and stay on the path of online retail success, taking credit and debit card payments is an absolute must.  The greatest challenge is determining the best payment processor. Choosing the wrong processor can result in paying exorbitant fees, lost revenue due to fraud, and lack of conversion due to security issues. Your...

Apr 12, 2021

Pandemic Transforms Mobile Apps Into The New Storefront

Without a doubt, the pandemic has made dramatic shifts in consumer shopping behavior. Shopping almost exclusively online from the comfort, safety, and convenience of their home, consumers have pushed a new normal, driving countless retailers to move their operations entirely online in order to survive. Outside of the already ubiquitous online shopping experience, mobile shopping in the form of apps...

Mar 30, 2021

EMB Shares Tips for Merchant Service Agents To Succeed

EMB is a leader in the high risk payment processing industry. As a sales agent, you can provide your clients with credit card processing services from top providers such as Global, First Data, TSYS, including 25+ banks and PSPs throughout the world.  EMB offers important tips for merchant services agents to be on top of their sales game and wipe...

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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