Merchant’s accounts are a must for any business, as they help you accept plastic card payments. The majority of merchant account providers ask for a “reserve”, or a source of payment in the case of your business having too many chargebacks or fraudulent charges so that they can recoup some of their lost funds. This can be a hassle if you are just starting out, and cannot provide a Visa or Mastercard as a reserve method of payment. While it may seem like a battle that is going to be lost, it is not. There are merchant account providers who offer merchant accounts with no reserve. You just need to know where to look.
When searching for a merchant account with no reserve, your first stop should be with EMB or eMerchantBroker.com. We at EMB are experienced in the realm of high-risk businesses, which often include start-up businesses or businesses that usually entail a large number of chargebacks. Because we are familiar with these situations, we know that chargebacks happen; that they are just part of the industry. We offer merchant accounts with no reserve, which not only helps you open and keep a business but also helps your customers, as you are able to accept plastic card payments. Our systems operate from a third-party source, and yet, you will pay no additional gateway or monthly fees. It is a win-win situation for all involved, which is a rarity in the merchant account-processing world.
Merchant accounts with no reserve are hard to come by, but they do exist. We at EMB will help you set up a merchant account for your company. In the case of high-risk businesses, eMerchantbroker.com can also help you set up an offshore merchant account that does not demand high initial costs, and enjoy fewer restrictions with lower costs and higher profits. Every business deserves the chance to grow, and by accepting plastic card payments your greatly increase your chance to grow, either in a brick-and-mortar store or an online vendor.
For more information, contact us today at 818-621-4893