May 20, 2019

Online Pharmacies Must Verify Patient Identification Before Filling Scripts

New guidelines require online pharmacies in Britain to verify patients’ identities before filling prescriptions. The General Pharmaceutical Council (GPhC), which regulates pharmacy technicians and pharmacies in Britain, recently published guidelines for registered pharmacies providing pharmacy services at a distance, such as via the internet. The new guidelines are updates from 2015, which many pharmacy bodies argued did not go far...

Mar 17, 2016

Online Pharmacies Making A Revolution?

Online pharmacy businesses are developing and making a real revolution. What challenges do developing online pharmacy markets face? Developing Online Pharmacy Markets. Licensing And Certification According to Ashutosh Garg, Chairman and Managing Director at pharmacy chain Guardian Lifecare, Internet-based shopping is growing with rapid advances. There is a huge increase in sales through the Internet. Some companies find laws concerning...

Nov 30, 2015

Online Pharmacies Provide Low Cost Alternatives for Consumers

Prescription drugs in America are getting out of control. And it looks like they will get even more expensive. According to PR Newswire, five of the top prescription drug plans will double insurance premiums next year. Many individuals are flocking to online pharmacies for help. Even if an individual is uninsured, purchasing online prescriptions is far less expensive than paying...

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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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