eMerchantBroker offers up Merchant Account Services for Penny Auctions

May 13, 2014 - PRLog -- Penny auctions are an online niche that nonetheless require electronic payment processing. Penny auctions are deemed high risk, almost on par with gambling, due to fraudulent websites and businesses seeking to take advantage of consumers. Scam sites will sometimes drive up auction prices with an automated bid system. This has implications for your legitimate business as threat of penny auction sites being shut down scares off banks and other merchant service providers. Because of this, many banks and processors will not allow penny auction websites to have a merchant account. However, eMerchantBroker is here to save the day for penny auction sites. eMerchantBroker is also based in the United States, which is great for those wanting to keep their merchant account US-based.

eMerchantBroker specializes in high risk merchant accounts, including penny auctions. We know the difficulty your startup or small business is facing as a penny auction site. The eMerchanBroker team knows that your business absolutely requires electronic payment processing and they will do their best to provide it for you.

If you can keep your chargeback rate under 3%, eMerchantBroker can set up your new merchant account in as little as three business days. Their applications are straightforward, with no application fees, and you do not have to possess a Visa or Mastercard in order to apply.

Do not let your businesses industry reputation get you down. Ultimately, the scammers are punishing your business, causing all penny auction businesses to be classified as high risk. eMerchantBroker can still help you get a merchant account regardless of the hurdles you may have already been through by having a penny auction business. eMerchantBroker was recently ranked as the #1 “High Risk Credit Card Processor” by TopCreditCardProcessors.com. They have a fabulous reputation, and they have all of the technology available to handle your penny auction merchant accounts (http://www.emerchantbroker.com/penny_auctions/).

Contact eMerchantBroker Today!