Why the Escort Industry Gets a Bad Rap (It’s Not What You Think)

Aug 11, 2014
Personal-Escort-Services-BusinessThe legal escort industry is lucrative, yet is gets a bad rap. There are many reasons, from moral to political, yet many are now placing a new label upon the legal escort industry: Human trafficking. Many in the political realm are connecting the two, and many believe their claims. However, the claims could not be further from the truth.

It is a fact that women and children are trafficked in the United States, however the crimes are not committed in the legal escort industry. These crimes are committed in the illegal industry, whether in illegal brothels or on street corners. This falsified bad reputation can hurt the legal escort industry in more ways than one. For instance, many states are looking at outlawing the businesses, even in states where they are lucrative. Another issue that arises from this is that it can be hard for a legal escorting service to process plastic card payments. The vast majority of payments are conducted via a debit or credit card, and without a merchant account to process these payments, they will usually not occur. Of course, you can ask for cash payments, but many clients will think that this is a shady practice. You should have a merchant account processor.

You should turn to EMB, or eMerchantBroker.com. We at EMB have years of experience in dealing with legal escort businesses, and we know the risks that your business is in financially. We will make sure that you are able to accept plastic card payments, as well as help alert you to any fraudulent activity that may occur. This is something that other merchant account processors will not do. It is important that your legal escort service be held to a higher standard, since they are even more frowned upon today due to slanderous media coverage. You need the best possible service, and we at EMB can offer that to you.

For more information on getting an escort merchant account, contact us 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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