Get a merchant account for online electronics business.

Online electronics business merchant accounts

With more consumers shopping online, the need for the best possible electronic payment processing has increased. If you operate a business that sells any type of electronics, EMB offers a wide range of services to ensure your merchant account works appropriately.

Electronic items often result in chargebacks

Avoiding chargebacks as an online electronics business

High-cost electronic items often have more chargebacks when compared to other purchases. Customers often experience changes of heart with expensive items, which leads to cases of friendly fraud.

Apply for a merchant account

How to increase your electronic businesses’ chance of receiving underwriter approval

Choose who applies

Encourage business principals with strong credit to apply for merchant accounts. This increases a business’s chances of approval.

Adhere to regulations

While reviewing applications, merchants whether businesses follow regulations and are reputable. Making sure that your business follows all applicable regulations improves approval chances.

Save

Having substantial funds in your business’s bank account increases your chances of receiving approval. This shows that your business has the capacity to pay debts

Pay any outstanding debts

Underwriters consider your credit score, processing history, and ability to pay debts. Paying off any amounts due before applying, raises your odds of good results.

Online electronic business merchant accounts

Consider obtaining a merchant account with EMB if your business offers the following services:

Grow Your Debt Collection Business Quickly with EMB

Audiovisual equipment
Cameras and camcorders
Computer hardware and software
Desktop and laptop computers
Media players and recorders
Mp3 players
Photographic equipment
Smartphones
Stereos
Tablets
Surround sound stereo systems
Speakers
TVs

Documents required to obtain an online merchant account

A bank letter or voided check
A Social Security or Employer Identification Number
Chargeback ratios less than 2%
Three months of bank statements
Three months of processing statements
A working website
Valid government identification

Apply now

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