Sep 30, 2019

Understanding Network Tech Support Payment Processing

Setting your network tech support business up to accept payments from your clients is a hugely important part of company operations. And being a cash or check-only business is simply no longer an option. In fact, a majority of transactions are being completed with debit or credit cards. When providing your tech support services, it’s important to offer your customers...

May 03, 2019

FTC Cracking Down on Tech Support Scammers Targeting Seniors

The Federal Trade Commission (FTC) estimates that consumers lost $24.6 million from tech-support scams in 2015 and 2016. The average consumer loses about $280 on each scam. Last year, the FTC received nearly 143,000 reports about tech support scams. But, an even more revealing statistic is that the FTC found that people 60 and older were five times more likely...

Jul 31, 2018

Tech Support Merchant Account for Credit Card Payments

Are you running a tech support business related to software, application or product installation, connectivity, or troubleshooting? Where can you find a secure and affordable tech support merchant account to grow your business? Where can you get reliable payment processing setup for your high risk business? This article will help you with this. Payment Processing for Tech Support Industry The...

Jul 24, 2018

3 Smart Strategies = Healthy Tech Support Merchant Account

Most businesses know the importance of getting their business out in the public and getting potential customers talking about a brand. Unfortunately, many startups, especially smaller ones, don’t think about developing a marketing strategy or earmarking money to start and maintain one. A lack of marketing strategy can stop a tech support company before it starts. To keep a healthy,...

Apr 24, 2018

Why Your Business Has So Many Chargebacks

Chargebacks will not only cause you huge losses but also ruin your firm’s reputation among credit card processors. So when trading goods or service through the internet, always make sure you watch out for chargebacks. Because operating a business profitably also means taking measures to ensure you have the fewest chargebacks, here’s a guide through what chargebacks are and tips...

Feb 23, 2018

Tech Support Merchant Account | Multiple Payment Gateways Options

One of the fastest growing industries, established tech support businesses and startups are thriving like never before. When you consider how integrated technology is in our everyday lives, it is safe to say that this booming industry will not be slowing down anytime soon. Surprisingly, it is not as easy as you might think for these businesses to operate smoothly....

Jan 19, 2018

How to Get a High Risk Merchant Account for Tech Support

The technical industry is among the fastest growing industries, but traditional banks and payment processors prefer to stay away from tech support businesses. As a result, tech support business owners have a difficult time getting approved for a merchant account that would allow them to process payments, including credit card purchases. The good news is that there are reputable payment...

Apr 07, 2017

Get A Reliable And Low-Cost Tech Support Merchant Account

According to Parks Associates, a consulting firm, the US tech support industry generates nearly $30 billion in annual revenue. Based on the market research analysis provided by Technavio, a leading technology research and advisory company, the global technical support outsourcing market is expected to grow at a CAGR (compound annual growth rate) of over 6% from 2016 to 2020. Tech Support...

Mar 07, 2017

The Importance Of Customer Service & Tech Support In The Merchant Account Industry

Anyone looking to open a merchant account can be swayed by a processor’s low fees. However, companies that offer cheap services have a reputation of not matching the expected standards. In an industry where many companies are offering the same services, competition has spilled over to the customer support. Merchant account providers that offer satisfactory service to their clients are...

Sep 20, 2016

US Tech Support Companies Looking For a Merchant Account

Any type of merchant account can be tricky to find, but if you are placed into the “high risk” category by processors, the task if even harder. US tech support merchant accounts are available if you know what to look for. There are special things that merchants should consider before signing on with a merchant account provider. Do they understand...

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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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