Oct 22, 2018

Get an Online Firearm Merchant Account in Gun-Soured Times

Some in the finance industry responded to a steady stream of mass shootings by putting harsher restrictions on merchants who sell guns. As gun-control advocates continue to apply greater pressure on banks and lenders to help them restrict gun sales, it could get even worse. Steps Banks and Lenders Have Taken For years, payment aggregators, PayPal, Square, Stripe, and digital...

May 23, 2018

Online Firearm Merchant Accounts and Tips to Getting Approved

More than one-third of American households owned one or more firearms in 2016, according to Statista. The statistics further show that an estimated 83 privately-owned firearms are owned for every 100 people in the country. Despite some segments of the population clamoring about new gun control measures, the sale of firearms for hunting and personal defense weapons continues to remain...

May 15, 2018

The Ins and Outs of Getting a Gun Merchant Account

American manufacturers made about 11.5 million rifles, shotguns, rifles and pistols in 2016, according to the most recent numbers provided by the Bureau of Alcohol, Tobacco, and Firearms (ATF). That was double that number that were manufactured in 2009. Obviously, operating an online gun business can be a lucrative business, but it also comes with high stakes and great responsibility....

Apr 26, 2018

Gun Retailers Change Policies

The Gun-control reform has been a hot topic following the Parkland Florida shooting that killed 17 U.S citizens. And two weeks ago, some of America’s top Firearm retailers announced a few changes in their gun sales policies. This move drove firearm-control activists to call for amendments across the industry. A notable example is the Anti-Trump campaigns, famous as Grab Your...

Sep 22, 2017

Pro-Gun Bills that Have Recently Gone into Effect

The gun industry in the US has been under fire in recent years. The US firearm industry receives an estimated $11 trillion each year from guns and ammunition sales. On September 1, 2017, a number of pro-gun bills went into effect. US Firearm Industry During his speech at the National Rifle Association (NRA) Leadership Forum on April 28, 2017, Donald...

Jun 29, 2017

Accept Payments for Guns Through a Reliable Gun Merchant Account

In the 2nd half of 2016, the US firearms industry was well positioned to finish the year in a promising position. The statistics showed that the demand for firearms in the US was strong, especially as consumers were still concerned about being responsible for their personal safety. Accepting Payments for Guns If you’re involved in the business of selling firearms,...

May 09, 2017

Gun Sales Declining Nationwide?

A slowdown in the gun and ammunition sales have registered in the US since Republican Donald Trump was elected president. Gun Sales Decline According to CNN.com, Federal background checks have declined each month since the elections. These don’t precisely track gun sales but can be taken as the best available proxy. In March 2017, the FBI ran 2.43 million background...

Aug 17, 2016

Reliable Credit Card Processing For Firearm Merchants

Very often, reputable firearm retailers look for ways to take their business online and benefit from the unique opportunities provided by the world of the Internet and high technologies. If you are a gun dealer, you may find it not so easy to get approved for an online firearm merchant account with traditional banks and most processors. How to Get...

Mar 28, 2016

To Invest or Not to Invest in the Firearm Industry

Gun sales are higher than they have ever been in recent history. If you are an entrepreneur, you may think that guns are a great investment. However, the gun industry is extremely volatile and investors must follow trends closely to have a shot at getting a profit. Investors with good timing could make a great deal of money by selling...

Feb 11, 2016

WOMEN AND THE FIREARM INDUSTRY

“Every problem is a gift — without problems we would not grow.” –  Anthony Robbins More and more women are buying handguns these days. They prefer especially small weapons that can easily be hidden or concealed. There are women who start their own companies to offer products tailored to women’s needs. Women Starting Firearm Companies Lorelei Fay from Boise, Idaho,...

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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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