Sep 20, 2018

Bail Applicant Info and a Bail Bond Merchant Account

The more information you collect from a bail applicant, the better for you. So, what to focus on when gathering the information? Where to find a reliable bail bond merchant account? This article will tell you what and where. Bail Bond Merchant Account and Applicant Info Let’s start with a bail bondsman or bail bondsperson who’s also known as a...

Sep 14, 2018

Effective Marketing Strategies for Bail Bondsmen

Bail bondsmen work in an exceptional industry where our standard marketing strategies are ineffective. Though standard marketing works for most business, the tactics have proved insufficient for the bail bond platform. You cannot reach new clients by merely adding adverts to TVs and Radio as it is a service in rare demand. Paying for regular advertisement slots can also be...

Feb 16, 2016

Bail Bond Merchants Against The Proposed Amendment

The US and the Philippines are the only countries where commercial bail bond companies have dominance over pretrial release systems. Bail Bond Industry And The Proposal A 2-part proposed amendment on bail has been introduced to the New Mexico Constitution. According to the 1st part, judges can deny bail to dangerous defendants. Based on the 2nd one, defendants not considered...

Dec 30, 2015

Why Bail Bondsmen Need EMB

Are you in the bail bonds business? Recent legislation in the bail bonds industry has made it even more difficult to turn a profit. States like New Jersey, California, New York and others have put the reigns on how bail bondsmen find clients and make money. If you deal in bail bonds, you need a merchant account to enable a...

Aug 12, 2014

Merchant Account For Your High Risk Bail Bond Business

Depending on your line of business you own, will depend if applying for a merchant account is easy. Some business is considered as high risk and this means that many merchant companies won’t offer their services. However, there are some merchant accounts that deal specifically with high-risk businesses and will accept applications and even offer a bail bond merchant account,...

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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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