Mar 13, 2015

Play Ball! Are You in need of a Sports Fantasy Merchant Account?

Baseball season is here, and some is the beginning of baseball’s fantasy league. Some states are legalizing online sports betting, but can lead to a great business opportunity. However, as with all great business ideas, this one has a few glitches. Most importantly, you will have a hard time finding a sports fantasy merchant account. Merchant accounts allow a company...

Jan 12, 2015

The Odds Look Good for Sports Betting

Sports betting is a multi-billion dollar business across the globe, but it is still a new and unexplored frontier on American soil. Yet states across the nation are fighting to make offline sports betting a legal and thriving enterprise. New Jersey is the latest state to wage war against the federal ban on sports betting, citing that the federal ban...

Nov 12, 2014

On-line Gaming Generated $33 billion in Revenue in 2013 alone |Sports Betting Merchant Account

Need Merchant account processing for your Fantasty Sports site? Of this gigantic amount of revenue, 10% came from the United States. With people playing on their iPhones and mobile devices, the revenues are mounting daily. However, sponsors of on-line gaming like casinos, sports betting, fantasy football and baseball, and other games of chance are having difficulties finding a credit card...

Oct 21, 2014

Score Big by Starting a Sports Betting Merchant Account

The taboo of sports betting is quickly fading away. What has been an unofficial tradition in countries around the world since the creation of sporting events, is becoming legitimized in the United States. Several states in the U.S. have already legalized sports betting, meaning this lucrative industry is ready for daring entrepreneurs to establish themselves before the market is saturated...

Sep 10, 2014

Legalized Sports Betting ‘Inevitable’ in More States

Legalized sports’ betting is done often in workplaces and between family members, but it is quickly becoming a more lucrative venture in many states. The taboo sports betting of the past is now gone, and many are quickly learning that by legalizing it, you can help boost state economies. If your state has recently legalized sports betting, this is the...

Aug 08, 2014

World Cup Sports Betting Bonanza

Sports betting is a growing industry. This year firms have seen increases in bets, especially due to the World Cup. With millions at stake, firms are increasing their technology and growing internationally to capitalize on the expanding market. This year was the 2014 World Cup, a quadrennial event that draws spectators from around the world to watch the most popular...

Jul 29, 2014

The Rising Need for Sports Betting Merchant Accounts

The sports betting world and Wall Street This year, the Super Bowl is projected to be the biggest sports betting event, aside from the World Cup in Brazil. Though it is difficult to give an exact estimate due to the lack of regulation is some parts of the world, professional sports betters reveal that there will be billions being wagered....

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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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