Apr 28, 2017

Merchant Account Application Declined? | 4 Reasons Why

If you’re a high risk business, you may find it difficult to get approved for a merchant account for this or that reason. However, knowing what your high risk processor will require from you, you can take the right steps so that not to get refused. Below you can read the main reasons why your application may be declined. Not...

Jan 06, 2017

The MATCH list: Why Your Application for a Merchant Account Can’t Get Through

Former merchant account holders are often taken by surprise when their application for a new account is rejected because they have apparently been added to the MATCH list. They, therefore, result in scrambling to find out what this list is all about. If you are reading this now, chances are, you are one of these unlucky merchants. Nonetheless, you can...

Nov 02, 2015

Terminated Merchants Can Still Get High Risk Processing Services

If your business is on the terminated merchant file (TMF) list or MATCH list, it will be nearly impossible to find a credible payment processor to handle your account. The MATCH list is managed by MasterCard and lists businesses and owners whose credit card processing privileges have been terminated. Why is this list so crucial? When a merchant applies for...

May 29, 2015

TMF Merchants There is Hope

If you wind up on the Terminated Merchants File (TMF) list, it can feel like the end for your business.  This list is a compilation of merchants whose accounts have been closed because they ended on bad terms with a bank processor. Once placed on the list, your business and others related to your business could possibly be banned by...

Sep 19, 2013

How to get a merchant account when your on the TMF list

The TMF list, better known as the Terminated Merchant File, is not necessarily the end of the line for a merchant account. First you must identify if you deserve to be on the TMF list, and if you don’t, then you have some major work ahead. First things first You will need to return to the scene of the crime,...

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 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