Get a CBD Merchant Account Without Added Strain

Chargebacks inform credit processors with an instant notification when charges are disputed by customers. This way, the seller has sufficient time to present adequate evidence of authorization and other details to the host bank, processor, and buyer’s bank. To avoid undue friction, timeshare sellers must do everything possible to dispute any unwarranted chargebacks. This protects timeshare sellers from receiving higher chargeback ratios, which can, in turn, lead to inconvenient account issues including closure. Even though the travel industry is a very popular one, the substantial costs associated with travel make it a risk for credit processors. Additionally, when real chargebacks do occur, the average amounts are often much higher than in other industries. Additionally, timeshare sellers and other travel workers also face issues with the substantial amount of time that elapses between when timeshares are purchased and used. In the months or years that follow, many customers end up experiencing life changes that cause them to try to request their money back.

EMB offers each of its merchants a wide array of powerful tools that can be used to fight against fraud. This software considered hundreds of data points on transactions to instantly detect fraud. Additionally, timeshare sellers can adjust filters to meet additional needs and even set up automatic suspensions or declines.

No matter if you’re new or experienced in the timeshare industry, EMB offers various services and features that will help you make the most of your business. These include flexible transaction caps and quick application reviews.

Once you’ve started to accept payments as a timeshare seller, you should begin to utilize various tactics to avoid being labeled high-risk. One of the best techniques is to communicate with vacationers clearly and positively. You should also make sure that each consumer reviews critical details about cancellation policies and refunds before purchasing a timeshare. You should also make sure to send receipts with easily identifiable credit card charges that include your company’s name and contact phone number. This should lead to a much lower number of chargebacks.

Yes! EMB absolutely can help you accept ACH and eCheck payments, which lets merchants provide services to purchasers who choose to pay directly from their bank accounts. Many timeshare companies have discovered that accepting these payments has exponentially increased their sales. This is because accepting these payments widens the customer base to include people who tend not to carry a great deal of credit or who choose not to use credit cards.

Merchants sometimes encounter difficulty opening timeshare merchant accounts with U.S. Banks. In these cases, EMB has helped timeshare sellers with offshore banks, which are routinely not limited by the same trading restrictions as U.S. banks.

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.