Unleash the Geek with Tech Support Merchant Accounts

Jan 30, 2015

Tech support is one of the most important pieces in the success of modern businesses. How customers perceive the effectiveness of a company is often tied to how smoothly their online or over the phone technical support experiences can be. Too often an otherwise good company is sabotaged by a bad tech support team that is usually located offshore and out of the immediate control of managers. Yet, tech support companies are considered high-risk by traditional payment processors which make it difficult for competent and customer focused tech companies to start and maintain their own businesses.

Managing tech support accounts can come with a plethora of challenges that make evergreen payment processors and lenders, like banks, nervous. The challenges that come with long distance business interaction, global business laws, and global communication are simply too much for the average lender to deal with. And if banks or other payment processing institutions do decide to manage tech support companies, they often charge excessive fees because of the complexities of operating internationally.

Despite these difficulties, technical support companies are legitimate businesses that can flourish if managed by professional payment processors. Tech support entrepreneurs need payment processors experienced in the high-risk industry. Whether the tech support is application, installation, troubleshooting, product related software, or connectivity, eMerchantBroker.com has got you covered.

eMerchantBroker.com can have your tech support merchant account created and running in three days. When your tech support account is approved, your company can begin to channel funds from the United States or any other outsourcing location. We have no application fees, but do provide, competitive rates, multiple secure payment gateway programs, and a world class chargeback suite. Why wait to take your tech support company to the next level? Why pigeonhole your customers into only paying cash for your services, or having to go through complicated money transfers? See why thousands of businesses choose eMerchantBroker.com to grow their high risk tech support accounts.

Let us help you get a high risk merchant 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 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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