Oct 12, 2020

Understanding High Risk Merchant Accounts and How You Can Benefit From Having One

The phrase high-risk is a scary prefix for most business owners seeking a merchant account. It often means tougher-than-usual terms and higher fees than low-risk accounts. Banks won’t onboard any business category that poses a high financial and reputational risk. So, in a nutshell, underwriters will consider your business risky if they notice something they don’t like about it. This...

Sep 01, 2020

AMEX Payment Processing For High-Risk Business Is Possible

Many merchants are unsure of whether American Express is the right card network to explore for catering U.S. and Canadian buyers. Some prefer other options because of pricing. Others don’t know if it’s a good option for a high-risk business. To find out more about AMEX for high risk payment processing and discover an exceptionally high risk processor, go through...

Apr 15, 2020

How High Risk Merchants Can Navigate Risk in eCommerce and Drop shipping

The modern eCommerce industry involves a number of risks for business owners. There are risks that are typical of high risk businesses. Let’s discover what risks are associated with high risk businesses and how merchants can tackle their challenges. Also, let’s see who can help you with the best merchant account for drop shipping. Merchant Account for Drop Shipping &...

Mar 13, 2020

What Payment Facilitators Can Do To Reduce Chargebacks

According to a report on Statista.com, retail e-commerce sales in 2019 reached a whopping 3.53 trillion US dollars. Online retail’s revenues are expected to reach 6.54 trillion US dollars by the year 2022. The soaring numbers indicate that online shopping is continuing to grow in popularity worldwide. With this much cash floating across the interwebs, there is no doubt that...

Feb 17, 2020

E-Cigarette Merchants Must Comply With New FDA Policy

In January 2020, the U.S. Food and Drug Administration released a policy which focused enforcement against unauthorized flavored e-cigarette products that appeal to minors, including mint and fruit flavors. Under this new policy, any company that does not halt the manufacture, distribution, sale of this unauthorized flavored cartridge-based e-cigarettes within 30 days, will face FDA enforcement actions. HHS Secretary Alex...

Feb 13, 2020

A Latvia-based Payment Processor Assents to FTC’s Claims of Taking Part in a Fraudulent Free-Trial Scheme

Transact Pro, a Latvia-based payment processing firm and its ex-chief executive have finally assented to FTC’s allegations of a phony “free-trial” offer scheme. According to the Federal Trade Commission, the accused took part in misconduct that paved the way for a fraudulent free trial offer—ripping off US customers. Andrew Smith, head of FTC’s Bureau of Consumer Protection —the section that...

Feb 06, 2020

The Best CBD Payment Processor

It is without question that the cannabidiol (CBD) industry is one of the fastest growing markets. Everyday Americans are seeking relief for issues as varied as joint pain and as a form of skincare. The growing popularity has undoubtedly captured the attention of both natural products and specialty retailers alike, as they cash in on this miracle elixir. The Hemp...

Feb 03, 2020

Identifying A High-Risk Business?

The barriers to opening an online business are high and are fraught with challenges. Add to that being labeled as a “high risk business”, and well, your problems have just compounded. These difficulties come in the form of finding a reputable payment processor willing to grant high risk businesses the means to accept credit card payments online. What is a...

Feb 03, 2020

A PayPal Alternative For High-Risk Businesses

PayPal is without a doubt the most popular, most ubiquitous payment provider worldwide. Its impact continues to grow so much that a survey conducted by Statista indicated that in the third quarter of 2018, Paypal had amassed 254 million accounts from around the world, a far cry from its humble beginnings of only 84.3 million in the first quarter of...

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