A new website. More banking partnerships. European interchange. Increased revenue shares. It was an exciting 12 months of payment processing at Instabill and it’s carrying over into 2016. Here are our 10 favorite things of the year. 10. The media is talking about us Last spring, we created a web page entitled ‘Instabill in the News,’ as…
Blog
4 Annoying Things About Online Shopping (And One Awesome Thing)
It was a couple days away from Christmas, and luckily I’d bought all my gifts. However, instead of visiting stores for my gift shopping, I’d done most of my shopping online. I’m one of those 20-somethings you could call a millennial, and like a lot of my peers, I prefer online shopping for a few reasons: I…
Why Home Depot Gets High Marks for Credit Card Security
When The Home Depot was one of the many U.S. retailers to suffer a credit card data breach in the summer of 2014, it was predictably ripped in the media. Like its hacked counterparts, the home improvement giant had to learn about credit card security the hard way: Hackers exposed the credit and debit card…
The New Visa Chargeback Monitoring Program: What Does it Mean for High Risk Merchants?
We don’t mean to damper holiday celebrations, but merchants only have nine days until the new Visa Chargeback Monitoring Program takes effect. Visa announced earlier this year that it was modifying its chargeback monitoring program effective Jan. 1, 2016. The changes are going to force merchants, particularly those in high risk industries, to re-think their…
3 Reasons Why Bitcoin Value is Eyeing $500
What a difference a year makes. At this time last year, bitcoin value was beginning a steady decline that would see it dip to $172 in early January – it’s lowest value since the good old days of late 2013, early 2014 when it reached nearly $1,200 per. We’re not near that level again, but the digital…
Card Payments in the UK Become Preferred Method
It’s no secret that the landscape of the payments industry is drastically changing. It has been changing for some time. The advent of the internet and the increases in payment technology over the past decade have encouraged some methods to evolve over others. At the end of 2015, we see card payments emerge as the clear favorite,…
Credit Card Fraud Trends Reveal Important Stats
Cybercrime and financial fraud has been running rampant in recent years, causing many to worry about how they can safely spend money using their credit cards. With fears of credit card fraud at all time highs, the need to combat the growing trend is apparent. However, in order to get closer to the worldwide goal of…
3 Goals of the CFPB Payday Lending Regulations
Back in March, the Consumer Finance Protection Bureau (CFPB) released an outline of new payday lending regulations that predictably drew criticism from the consumer and lender sides. As written in a recent article in Collections & Credit Risk, the CFPB’s regulations are nearing completion, which will change the landscape on payday lending. Several times throughout the article, the…
Online Gambling Takes Another Step Forward in Pennsylvania
The Pennsylvania state legislature is one step closer to making online gambling in the state a reality. The House of Representatives will take up the issue as members of the legislature have introduced the matter in the upcoming budget bill. Legalizing the industry in Pennsylvania would make internet gambling legal in four states—with the Keystone State…