Aug 14, 2019

Telemarketer to Pay $2.5 Million for Participation in Scheme

A Largo telemarketer, together with several of his companies, are to pay $2.5 million to end the dispute concerning their participation in a scheme. The latter was about helping pharmacies seek Medicare and Medicaid payments of up to $25.000 for pain medicines being retailed for less than $10. This article will tell you more about the case and will also...

Aug 14, 2019

Illicit Trade: Danger for the Environment, Law, and the SDGs

Illicit trade has to do with smuggling, counterfeiting and tax evasion, human and wildlife trafficking. It causes progress to dwell on the dark side, adds to the overall costs and stops the growth of the goals. Just read below to know more about the topic and find a trustworthy payments specialist that can help you avoid online payment processing fraud...

Jul 02, 2019

China’s UnionPay Enters Europe’s Payments Market

The largest card issuer in the world, China UnionPay, has slipped into the European market, offering credit and debit cards throughout the continent. Thanks to its new partnership with the UK-based startup, Tribe Payments, UnionPay began in June allowing banks and other financial institutions to begin offering people and businesses its branded credit cards. Now European corporate customers that conduct...

Jun 28, 2019

Visa and Mastercard Focused on Acquisitions to Remain Competitive

In an effort to stay relevant and compete with powerhouses, like Amazon and Microsoft, the card networks, Visa and Mastercard, appear to be snatching of investments and companies left and right. Don’t expect them calm down, especially as retail payments growth diminishes. They know they need to consider and buy into any investment opportunities, like cross-border payments, peer-to-peer, and interbank,...

Jun 28, 2019

EMV Card Deadline Setting Up Gas Stations to Burn

Gas stations have less than a year and a half left to meet the card schemes’ deadline to install in-pump EMV card readers. Despite Visa and MasterCard’s previous move to extend the EMV deadline, many gas stations are still not likely to meet the October 2020 deadline. Those who fail to meet compliance will meet the same fate as retailers...

Jun 20, 2019

Facebook’s Digital Currency, Libra, Expected to Debut in Early 2020

Facebook’s stablecoin, Libra, allows people to shop and send money to others for nearly zero transaction fees. A person buys or cashes out the cryptocurrency online or a local exchange points, like convenience stores, while under a pseudonym of the individual’s choosing. Purchases can be made through Facebook’s Calibra wallet, which will be built into Messenger and WhatsApp, or other...

May 22, 2019

FTC Approves Final Consents Settling Charges that Hockey Puck Seller Made False Claims

The Federal Trade Commission (FTC) has approved final consent orders in two cases in which the companies allegedly falsely claimed their products were made in the United States. Background on the Companies A New York-based company, Patriot Puck, wrapped its hockey pucks in American flags. Though they were mostly manufactured in China, the company promoted them as the “The Only...

May 07, 2019

Apple Pay Use Soars, Expected to Hit 10 Billion Payments in 2019

Apple Pay is nearing another milestone– it is on track to process 10 billion transactions by the end of 2019. Getting a lift from transit systems that are embracing digital wallets and the increase of merchants using contactless payments, Apple Pay saw another quarter of record volume, the company chief executive, Tim Cook, announced recently. Though it is unclear how...

Award winning.

  • 2012
  • 2013
  • 2014
  • 2015
  • 2016

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.

Live Chat