Timeshare Merchant Account With Low Rates

Sep 18, 2014
summer-6Time shares are a perfect investment for the family or individual who want to escape from the stress of daily life. Interested investors can find timeshares in almost every part of the world, but the most popular ones tend to be in tropical or subtropical getaways like the Virgin Islands and the Florida Keys. Although not for everyone, timeshares have a lot to offer individuals who desire a stable vacation property in a place where they make annual visits.

Generally, an owner must buy into a timeshare with a lump sum of cash that allows them access to the property during a specific time of year. Usually the time allowed for use is one week, but this can be extended or shortened depending on the unit. In addition to an investment upfront, owners must also pay annual fees to cover maintenance costs.

The average cost of a timeshare is between $10,000 and $19,000. Annual fees range between $300 and $700. These prices can fluctuate depending on the time of year that you want to use your timeshare and its location. Timeshares have become a popular option for first class vacationing because the industry now offers several types of timeshares. Properties offer flex plans and points systems which allow more flexibility around when owners can use a property and even in what location they can use it.

Owners can also choose to rent out their timeshare property when they are not using it, and make a nice side income. However, this will require starting a timeshare merchant account with a credible payment processor like eMerchantBroker. Our timeshare merchant accounts offer low cost rates for high quality service by professionals who know how to handle timeshare and real estate transactions. Timeshare accounts allow timeshare businesses and owners to accept a variety of payments with ease. Contact us to start your low hassle timeshare account today.

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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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