Nov 26, 2014

Two Firearm Bills the Government Should Consider Right Now

Gun bills are always big talk in Congress, and hardly ever are any actually signed into law. Congress focuses on the big, massive bills, while tending to ignore the smaller, more agreed-upon issues. While these issues may cause trouble among the anti-gun crowd, they can help ease tensions among the new Congress, and among firearm merchants. First, they should consider...

Oct 13, 2014

Consumer Confidence Pays Off with an Online Firearm Merchant Account

Consumer confidence in business is important if the business hopes to survive. Many studies are concluding that customer data breaches mean consumers are less likely to be return customers to any business. This figure stands at a mind blowing 75% of all customers would shop elsewhere. With these figures in mind, it is imperative that you take the security of...

Aug 12, 2014

A Billion Dollar Industry | Online Firearm Merchant Account from eMerchantBroker

There is potential for large revenue with an online firearm merchant account Facts from The Guardian tell us that there were 16,808,538 applications through November of 2012. If all had been approved it would have been enough firearms to stock NATO’s armed forces nearly five times over. The U.S. has the highest gun ownership in the world. One reason may...

Jun 13, 2014

Tips for Building a Responsible and Successful Online Firearm Sales Business

Online firearm sales is a growing market, and with the new stricter state and federal regulations, may customers are turning to these online retailers for their firearm and ammo purchases. While it seems easy to open a website and begin selling, there is a lot of work involved in selling firearms and their ammo. While you need a good marketing...

May 27, 2014

Government’s “high risk” Label Hinders Some Online Firearm Business

According to online firearms retailers, the government’s increasingly stringent regulations on their sales is harming their business. The FDIC has instructed banks to toughen risk management on merchant customers who use payment processors, like PayPal and merchant account processors by placing these merchants into a “high risk” category. Other “high risk” merchants include adult entertainment and e-cig e-stores. These regulations...

May 15, 2014

Merchant Accounts for Online Firearm Business

Due to many new state and Federal regulations, online firearm businesses are gaining traction. While they are sure to be a moneymaker, many processors are hesitant about having an online firearms business as a client. However, there are options available for your business, such as eMerchantBroker. Established firearm retailers, as well as new retailers, are seeking to take their business...

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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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