Aug 17, 2020

High Risk Payment Processing for Top High-Risk Merchant Industries

For businesses considered to be high-risk, the road ahead can be a real struggle. When a businesses receives this label, it makes it incredibly difficult to secure the merchant services and business funding needed to operate smoothly and grow. There are many reasons why a business might fall under the high-risk category. The following list includes the most common reasons:...

Aug 14, 2020

What Is A High Risk Industry?

What do the following industries have in common: e-cigarettes, sports betting, online firearms, and cannabis? All these industries fall under the high risk category. These industries typically need to ensure that they are in compliance with local, state, and federal laws. Compliance can usually translate into extra costs for all types of “compliance-related resources”.  What Does It Mean To Be...

Aug 12, 2020

Top 10 High-Risk Merchant Account Industries

Some of the typical reasons why underwriters could flag your business as high risk could be the following: your business belongs to a highly regulated industry, processing CNP or card-not-present transactions, high incidences of fraud and chargebacks, and reputational risk according to banks, just to name a few.  Top 10 High Risk Merchant Account Industries Below is a list of...

Jul 24, 2020

Online Financial Firms In Demand Among High-Risk Businesses

High risk businesses have plenty of challenges when opening up their business. There are regulations to adhere to, they need to protect themselves from chargebacks and fraud, and they need to find a reliable merchant account provider, when most traditional banks and processors will not give them the time of day. The good thing about our modern times is that...

Jul 22, 2020

Are You Considered A High-Risk Merchant?

Accepting credit card and debit card payments is the established way that businesses get paid in our modern economy. Cash only establishments have mostly disappeared into the ether and many have been forced to take credit and debit card payments due to fewer customers carrying wads of cash in their pockets.  If you are a business that happens to fall...

Jun 29, 2020

High Risk Payment Processing | How Payment Gateway Integration Works

Making purchases online is not something consumers give much thought to these days. It has become such a natural, everyday thing. Even so, much goes into the online shopping and checkout experience. As a merchant, you know just how much time and thought goes into creating a positive, seamless customer experience, none of which would be possible without payment gateway...

Jun 28, 2020

What Acquirers Do When You Have A High Risk Business

Is your business classified as high risk? As you may have already encountered, traditional merchant account providers generally do not offer merchant accounts to high risk businesses. The cost of obtaining a merchant account is generally based on multiple components. It depends on the type of business it is, the method in which transactions are executed, and its history with...

Jun 25, 2020

Everything You Need to Know About Offshore Payment Processing

In today’s world of e-commerce, enabling credit and debit card processing is a must. Consumers expect speed and convenience. The majority of payment processors offer a variety of solutions and services to help merchants fulfill this demand; this includes offering different types of merchant accounts, like offshore merchant accounts. What is Offshore Payment Processing? What is an offshore merchant account,...

Jun 25, 2020

Is My Business High Risk? How to Still Secure Credit Card Processing

Running a small business is difficult enough without being told your business is considered “high risk”. This categorization makes it incredibly challenging to operate smoothly, secure business funding and partner with a reputable, fair payment processor. Even if you are able to find a processor willing to work with you, you will be charged higher rates and receive other undesirable...

Jun 24, 2020

Five Things About High Risk Merchants And Credit Card Processing

When it comes to accepting credit and debit cards online, you will need a merchant account provider to act as a mediator to work with the merchant, the banks, as well as the credit card networks.  Most merchant account providers in the payments industry limit their work to “low-risk merchants” due to their lower risk for chargebacks and, overall, a...

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