Jun 28, 2019

EMV Card Deadline Setting Up Gas Stations to Burn

Gas stations have less than a year and a half left to meet the card schemes’ deadline to install in-pump EMV card readers. Despite Visa and MasterCard’s previous move to extend the EMV deadline, many gas stations are still not likely to meet the October 2020 deadline. Those who fail to meet compliance will meet the same fate as retailers...

Apr 17, 2018

The Difference Between PIN Debit and EMV Transactions

Recently, there has been some confusion over PIN debit and EMV. Still trying to figure out the many changes taking place with EMV, many merchants have made enquiries to add PIN debit to their existing merchant account. If the difference between EMV and PIN debit has confused you as well, the following explanation will help clear things up for you....

Sep 26, 2016

Senator Durbin Seeks Answers from FTC on EMV Certification Process

The implementation of EMV in the U.S. has been anything but straight forward. Even though merchants were informed years in advance of the Oct. 1, 2015 deadline, an overwhelming number of merchants have yet to shift from signature credit cards to EMV, or “chip and PIN”. Why? U.S. Senator Richard Durbin (D-IL) recently sent a letter to the Federal Trade...

Sep 08, 2016

3 Common Misconceptions about EMV

EMV chip cards, the more secure cards with data-encrypting chips are the latest major innovation in the card payments industry. Card issuers and banks continue to do their part to ensure that every customer has these cards. Retailers on their part are in a rush to deploy new point-of-sale terminals that support them. With this EMV migration rollout proceeding full...

Jul 26, 2016

EMV’s Role In Increased Card Declines On Subscriptions In 2015

According to a new report released by Recurly, a recurring-billing technology provider based in San Francisco, card declines on subscriptions averaged more than 12% in 2015. The company analyzed 25 million transactions over the course of 2015 to provide its analysis. Card Decline Increase As Recurly reports, the EMV rollout was the main reason for the increase. The analysis also...

Dec 15, 2015

EMV’S FIRST OFFICIAL RESULTS

“In the middle of difficulty lies opportunity.” –  Albert Einstein The US EMV chip card statistics for October 2015 has recently been announced by Visa Inc. The first month’s data concerning EMV liability shift for POS or point-of-sale transactions shows EMV has growing success. Current Market According to a spokesperson for The Foster City, a card network based in CA,...

Oct 08, 2015

Are You EMV Ready?

This week marks a turning point in the history of payment processing in America. The requirement that all retailers and businesses be able to process EMV chipped cards is here, and along with it an EMV liability shift from credit card company to merchant. Previously, if a consumer’s credit card information was compromised, the card issuer was financially responsible for...

May 26, 2015

EMV Delays May Be For Many Years

Everyone (except hackers) is excited about the new EMV chip and PIN cards coming to the USA. While implementation is supposed to take effect in October 2015, rumblings are around that it may be delayed until 2020. This is big news for customers, merchants, and processors, but it may be especially troubling for those in need of a high risk...

Jun 09, 2014

The EMV chip may take more than 4 years as previously planned

 Just what exactly is EMV you ask? Years ago we wouldn’t even need to ask that question, but with the amount of fraud, corruption and hackers around the world,  EMV is needed to bring safety to our credit world. You see, EMV stands for Europay, Mastercard and Visa. It’s the global equivalent for protection. These companies have come together to...

Apr 15, 2014

Debit Networks End EMV Stalemate with Issuers, Adopt MasterCard/Visa Common AID Solutions

Major U.S. debit networks have been discussing a solution to the Durbin Amendment/EMV issue, to avoid using the proprietary solutions by card brands like MasterCard and Visa. Technological limitations on the applications that reside on the chips of an EMV card, which enables it to be run as debit or credit, limit the path a transaction can take once an...

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