Point of Sale Acceptance

May 09, 2014

Not so many years ago there was nothing but cash to be exchanged for merchandise bought. As technology advances so do the convenience and our dependence on that technology. One of the conveniences of technology has been the ability for businesses to offer a point of sale (POS) purchases.

Point of sale is a system that has become more popular with consumers. It gives them the ability to use payment options like credit or debit cards, and even EBT services. Many consumers value the security and convenience of the POS. Point of sale acceptance is favorable based on the PIN debit cards or the new forms of payment options like key fobs.

The point of sale is a program that can be used in a single location, eCommerce, as well as to manage a lot of locations at once. The newest outlets to the point of sale are through mobile devices. The mobile device includes smartphones, tablets, and a PDA. Part of the program is having access to Mobile POS card readers’ accessories.

Mobile POS services are still in infancy and are offered to many individuals for a free or low cost. However, it will not always stay this way. As mobile devices increase in users, they will also increase the desire for mobile POS systems. This program can also allow the merchants to select the transaction type.

It is believed that the Mobile POS system acceptance will be beneficial to those that have a small retail volume, need an alternative to traditional landline communications, or just those companies that want to enhance their experience through shortening lines. For many merchants, point of sale acceptance can offer product look-ups while in-store, and possibly even make payments while in-store. Another reason for point of sale acceptance is the ability for advanced security features as well as other helpful features like fraud prevention.

One of the hardest parts of gaining a point of sale acceptance knows the best uses for it. Mobile POS options are of value to individuals who are street vendors or salesmen. Mobile POS is something that is low cost; it has a greater ability to be used anywhere. The mobile POS system offers a more flexible platform that can be integrated into almost any standing environment.


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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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