eMerchant Pros and Cons
International sales in multiple currency
Undisclosed pricing structure
Specializes in high-risk merchants accounts
Poor after-sales customer service
Who eMerchant Is Best For
- Businesses looking to sell online using multiple currencies: Its eMerchant Multi Currency Solution allows users to accept payment in different currencies—such as Euros, Pounds, Pesos, and Yen—and receive the payment in US dollars.
- Businesses that fall under specialized, high-risk industries: According to eMerchant’s website, the company is in partnership with banks and financial partners that are willing to entertain merchant accounts deemed “high risk.”
eMerchant’s pricing details are not readily available on its website. However, according to a third-party site, the company charges anywhere from 1% to 4.99% per swiped and keyed-in card transaction. It also has an annual fee that costs $99 and an early termination fee that starts at $159, depending on the length of the contract.
eMerchant Alternatives 2020
eMerchant specializes in online merchant accounts, including businesses that fall under high-risk industries. However, it also offers payment processing solutions for retail stores and other small businesses. Check out the list of some of eMerchant’s most notable features:
- Multi-currency payment processing
- Retail POS terminals
- Virtual terminals
- Mobile payment processing
- Recurring billing
- Credit card processing
- Ecommerce platform
- Payment Tokenization
- EMV and PCI DSS compliance
Summary of eMerchant Reviews
As of this article’s writing (Aug.4, 2020), there are very few up-to-date eMerchant reviews available online. If you are a past or current eMerchant customer, then leave a review to help others who are deciding whether or not to use the software.
eMerchant Frequently Asked Questions (FAQs)
Which credit cards does eMerchant accept?
eMerchant is a registered independent sales organization (ISO) for Visa, Mastercard, and Discover. It also gives you the ability to accept payments made via American Express, Carte Blanche International, Diners Club, JCB, and UnionPay.
What are the benefits of using eMerchant’s merchant account?
eMerchant’s merchant account lets users accept credit card processing at rates that are lower than the industry’s. It also allows you to manage transactions online using a secure portal, maintain PCI DSS compliance, reduce fraudulent transactions, maintain a customer database, and receive customer support.
What is considered a ‘specialized, high-risk’ business?
Businesses fall under the specialized, high-risk category when there is a deemed higher likelihood of chargebacks occuring due to customer dissatisfaction or fraudulent activity. Some examples of these types of businesses are timeshares, multi-level marketing, herbal supplements, and adult content companies.
Our Top Merchant Services Provider Picks
If you aren’t sure if eMerchant is right for you, then this article on the best merchant services providers for small businesses is a review of our top choices. Our team looked at a variety of solutions and narrowed our recommendations down based on the fees, ease of use, customer service, and features such as reporting tools among others.