Who knows who or what will be the next Amazon? Or the next Zappos?
We like the e-commerce game and, with due diligence, we’re willing to take a chance on new e-commerce businesses by offering startup merchant accounts.
Our belief at Instabill is that legal and legitimate e-commerce businesses deserve to accept an array of payment processing solutions. We’ve stood by that creedo for 15 years and it will never waver.
We’re often asked by folks who concentrate on low risk and POS businesses: Why do you take on high risk businesses?
Instabill offers startup merchant accounts because we, along with our acquiring banking partners, are in a position to take on the risk. And, in reference to the first sentence, you never know.
When startup businesses approach a payment processor about obtaining a merchant account, it tends to raise red flags. With startups, there comes uncertainly in the form of the following:
For those reasons, our merchant account managers will ask plenty of questions in the application phase. It’s all in the name of getting – and keeping – your business processing payments.
Simply, we feel the risk is worth the reward. And we have the backing of our banks.
“It’s always a challenge getting merchant accounts for startup businesses since so much emphasis is placed on payment processing history and financials,” said Wendy Jacques, Sales Manager at Instabill. “That said, because our acquiring banking partners routinely deal with high risk merchants, they’re in a position to take on the risk.”
Speak with a live merchant account manager about Instabill’s startup merchant accounts at 1-800-318-2713, or select the live chat option below.