Aug 18, 2017

What You Need to Know About eCheck Processing and iChecks

The e-commerce market is developing with rapid advances. The advances in online payment processing and electronic payment technology have made the e-commerce evolve rapidly, thus increasing the willingness of almost all merchants to start accepting credit cards online. According to BI Intelligence, it’s expected US consumers would spend $632 billion in 2020. eChecks, ACH, and EFT When it comes to...

Mar 24, 2016

Why Your Business Needs Electronic Checks

If you are starting a new business, having diverse payment processing options is crucial to recruiting and maintaining clients. One vital payment processing option that you must provide is electronic check payment processing. This new technology is hassle free, simplifies check cashing and ensures that your business gets paid quicker. Before signing with a payment processor, make sure that they...

Oct 08, 2015

EMB Provides Check processing for Business Consulting Firms

The business consulting industry is experiencing a rebirth. Business consulting is a much needed service as small businesses are making a comeback in the United States. Owners of consulting firms need the assistance of an experienced payment processor to handle the payments of your clients. Payment processors like EMB give business consulting merchants a full suite of payment processing solutions....

Jul 28, 2015

iCheck, the Future of Check Processing for Debt Collection Agencies

Researching federal and state laws, setting up a tax structure and building a customer base are all part of setting up a successful debt collection agency. Setting up a debt collection merchant account that allows you to accept electronic payments as well as preparing collection methods are also a huge part of operating a successful agency. Without the ability to...

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