Aug 11, 2015

Jamaica is Going to Benefit from The Nutraceutical Industry

Phillip Paulwell, the Minister of science, technology, energy, and mining in Jamaica, says that the country is poised to invest heavily in the nutraceutical industry. Investment and Commerce Minister, Anthony Hylton, believes Jamaica will benefit from the now $150 billion industry. Establishing a foothold in the nutraceutical industry is extremely important so the country can become a leader of the...

Jul 23, 2015

Nutraceuticals Under The Microscope

While the buzz amongst consumers is favorable, the FDA and other regulators are looking over the nutraceutical industry. From false claims, to unknown product origins, there are multiple reasons why the Feds and interested in finding out more about the industry. While scrutiny is being placed on the industry, and perhaps rightfully so, consumers will want their products. This is...

Mar 20, 2015

The Nutraceutical Market in India is Booming

The nutraceuticals industry is booming in the United States, but how is it fairing around the world? In India the nutraceutical market is growing at a rate faster than in the U.S. It is projected to leap 20 percent by 2019, and reach $6.1 billion. Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the...

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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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