Jul 24, 2017

Fraudsters Focusing on Card Testing

A great number of merchants in the US are being attacked by fraudsters. In September 2014, the US experienced 52% of total attack volume. The United Kingdom, China, and the Netherlands experienced 9%, 8%, and 6% of attack volume, respectively. Statistics show that airlines (among e-commerce merchants) are most affected by fraudulent transactions. Airline merchants account for 46% of fraudulent...

Apr 02, 2014

The Inside Scoop on Chargeback Insurance

The bane of small businesses, particularly those in high risk sectors, are excessive to chargebacks. Chargebacks are like termites for merchants. They’re small, ever-present annoyances that can undermine the walls and floors of your business. Merchants may be familiar with chargeback insurance as a mechanism to cope with chargebacks. Yet, there are limits on the amount of damage insurance can...

Jan 29, 2014

Chargebacks: The Basics and How to Prevent Them

A chargeback can be a detriment to any customer that has to experience it. An overdrawn bank account can lead to cash flow complications and various financial problems. A credit card chargeback can be efficiently reversed by filing a particular complaint. Some of the different complaints that can be filed include fraudulence, erroneous billing and identity theft. When a complaint...

Dec 20, 2013

‘Tis the Season For Retail Revenue…and Chargebacks

Commercial retailers love the holiday season almost as much as kids do because they receive the best present possible: a flood of revenue streams. The holiday season alone can account for 60% or more of any business’ annual sales profit. The convenience of online shopping and customers trending towards the at-home shopping experience means that merchant accounts will become extremely...

Dec 17, 2013

Stop Chargebacks with the Cardholder Dispute Resolution Network

Chargebacks Harm Your Bottom Line A chargeback is when a customer reverses the transfer of funds from their accounts to your business due to a dispute regarding the transaction. Whether the product or delivery was faulty, there was a processing problem, or even occasionally fraudulent purchases, chargebacks are a costly issue that can cost a business large quantities of money...

Nov 26, 2013

How to get Credit Card Chargeback Insurance

  Chargebacks are the detriment of everyone concerned. Whether it is the person that bought the product, the place the product was purchased or the cardholder’s bank. It causes issues for everyone and a long line of paperwork. Sometimes it can take several weeks to months to get a discrepancy taken care of and by then most everyone has forgotten...

Oct 14, 2013

Chargeback Procedures and Fraud Prevention

A chargeback is the long drawn out version of a refund. The easiest way to deal with one: Stay on top of a request from a customer and send them the refund. They have up to six months to ask for their money back before they go for the chargeback, but it just is so much simpler to take care...

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 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