Wallaby Launches Google Glass Payment App

Mar 01, 2014

Wallaby has officially gone Through Google Glass by offering a new payment app for Google Glass. The new google payment app is a milestone as it is the first real-time financial app for the new, wearable mobile technology from Google.

Multiple Card Options

Pay With Wallaby offers support for customers with multiple credit card options. With an average of six cards per consumer, US shoppers can use Wallaby to easily identify which credit card would be the preferred payment option for a given purchase. This helps savvy shoppers maximize rewards, avoid fees, and balance their credit usage. Customers using the latest mobile device from Google will have no problem navigating the credit maze using the latest google payment app from Wallaby.

The app is designed to provide customers with pivotal information regarding the best credit payment options according to Wallaby’s algorithms and databases. Basically, a customer would be able to identify which card they should use to purchase a given item using Google Glass enabling real-time financial decision-making.

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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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