What Is Credit Repair Merchant Account?

Aug 29, 2013

Each year the demand for credit repair services increases exponentially as millions of new customers have inaccuracies or poor credit on their credit reports, do not understand the credit reporting system and seek help to improve their credit. Credit repair services have the extensive training and knowledge to help improve the credit of their customers by giving them straightforward answers or settling their debt with an effective, legal solution that saves the customers a lot of money. Although credit repair businesses are a lucrative low overhead business opportunity with plenty of income potential, they are classified as high risk businesses due to the strength and level of risk associated with the business.

One of the main reasons for the substantial increase in the risk profile of the credit repair industry is the slew of imitators and con artists who surfaced in the last decade, scamming their customers by accepting payment and not providing the agreed-upon services. The end result is an unsatisfied customer who ends up empty handed, often deeper in debt with a worse credit score than ever. So, if you are a legitimate merchant trying to set up a credit repair business, chances are that you are having difficulty obtaining a merchant account from a traditional acquiring bank or a processor. However, finding an affordable and reliable merchant account that offers a high risk credit card processing solution is no longer an obstacle with the help of eMerchantBroker.com.

How eMerchantBroker.com can help?

When you are a high risk merchant, it is impossible to do business with traditional banks as they may turn down your crucial and necessary business expenses or terminate your merchant account at any time due to high chargebacks, high demand or the high risk of fraud associated with your business. Since your customers essentially include people who already have financial trouble, the risk of non-payment and disputes on transactions tend to be much higher than for a typical low risk business and even if a traditional bank accepts your account, they charge you with extremely high fees to offset the risk involved.

So how does eMerchantBroker.com help you out?

Fast growing businesses such as credit repair companies require high-volume payment processing to power growth and high risk accounts give you just that – an unlimited payment processing and the ability to grow your business quickly and easily.  Whether you are a start-up company, a business that has recently been terminated or a merchant who has had problems with previous credit history and payment processing or whether you have weak cash reserves or post lower sales volumes, eMerchantBroker.com can set you up with a high risk merchant account to get your business processing right away. Our in-house risk and underwriting management specialize in properly determining the risk associated with a business, set clear expectations and assess the risk adequately when underwriting your business.

Whether you choose to set up your credit repair merchant account with a domestic provider or go for an offshore merchant account provider within a tax-free jurisdiction, who do not demand high initials costs and do not close accounts when they see the customers business growing, we provide you the lowest rates and the most competitive pricing for high risk credit card processing so you can start helping customers and making profits immediately.

In the end, it is important for you to understand that credit repair business is a high risk business and there is a lot more risk for the acquiring bank to monitor your merchant account and a greater chance for the processor to lose their money on your account and our rates are always lower than a bank offering, although still higher than for a standard low risk account.

So, get started with us and start making higher profits by handling your customer’s credit disputes right away! Submit your basic details online and let eMerchantBroker.com help you create the best credit repair merchant account.  


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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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