You Can Open a Credit Repair Merchant Account Without Prior Processing History!

Sep 10, 2014

With the way the credit industry has suffered these last few years, many are very happy to see new credit repair merchants entering the arena. Consumers are happy as well. Having one smaller bill to pay every month is better than 10 or 15 accounts that will barely see the minimum payment. Credit issuers, whether branded or unbranded credit cards or personal lenders spend hours every day, seven days a week, trying to get money from slow payers. You would think with so many happy customers a credit repair merchant account would not be considered high risk.

Conservative banks and credit card processors consider credit repair merchants high risk because of high volumes. Oftentimes these credit card processors will not give the credit repair business the time of day much less approve a processing account. And if you are new to the industry and have never processed previously, you can just walk away and save your breath. They may listen to you, but the answer will be the same: No.

One reason that credit repair merchant accounts are considered high risk is because of actions of unscrupulous people in the past. Consumers in financial trouble will have given their money to a credit repair company and all that company did was run away with all the funds. They hurt the consumer as well as the processing company. Also, credit repair companies have clients who already have a history of not paying their debts. These clients tend to be at higher risk for chargebacks and disputes on transactions.

If you are able to find a processor who will approve your credit repair merchant account, sometimes the fees are so unreasonable that it makes you think twice. And you should! Take a look at what they are going to charge for an application fee, a setup fee and other fees just to get you started.

At EMB our specialty is in helping high risk accounts. There are no application fees and no set up fees, processing fees are reasonable. You have the option of multiple secure gateways plus you do not need your own VISA and MasterCard registration.

If you need a credit repair merchant account, call get in touch with 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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