As an e-commerce merchant, you may not know what to expect from your merchant account service provider. Each provider requires different documents and each will provide you with different types of services. However, Instabill wants you to know exactly what you can expect from us, which is nothing but the very best.
Merchant Account Application
When applying for an online merchant account with Instabill, you will need to submit a completed and signed application along with various underwriting documents. The exact documents are contingent upon the banking partner with which we match you and where you incorporate your business. Below is a list of underwriting documents that we most frequently request from our applying merchants.
- Credit Card Processing History
- Business and Marketing Plan
- Proof of Domain Ownership
- Valid Photo ID or Passport
- Suppliers’ Agreements
- Articles of Incorporation
- Business Bank Statement
- Personal Bank Statement
- Business Bank Reference Letter
- Personal Bank Reference Letter
Credit Card Processing Rates
One of the most important things to consider when selecting a new merchant service provider is rates. Some offer higher rates, others offer lower rates, and some may even offer you the same rates you currently have.
If you are applying for an online merchant account, Instabill offers the industry’s most competitive credit card processing rates, depending on your industry, where you are willing to incorporate, your credit card processing history, chargeback ratio, and other deciding factors.
Connect to a Secure Payment Gateway
Not only does Instabill connect your website to the secure payment gateway of your acquiring bank, but we also offer merchant accounts with generous volume caps. Wherever you live, Instabill can serve you with our first class merchant account services. Merchants can process domestically or offshore with a 3D Secure or non-3D Secure merchant account and know that their transactions will remain safe with the bank’s PCI DSS-compliant gateway.
Card and Currency Options
Since Instabill works with nearly a dozen merchant acquiring banks, we can offer credit card processing solutions for all major debit and credit cards. We offer processing for Visa, Visa Electron, MasterCard, Maestro, American Express, Diners Club, Discover, China UnionPay, and JCB International.