August 1 marked the 10-month anniversary of EMV payments in the U.S. Like it or not, EMV is staying put. It’s been a trial by fire, and here are what we consider to be the positive and negative: The Negative: Vendor Shortage, Longer Lines, Chip & Signature Without question, the biggest downfall of the nationwide…
Category: Instabill News
The Dreaded MATCH List (and What to Do)
Is it possible to come back from the MATCH list? Indeed it is, but not without a good amount of effort from a merchant. About once a month, we’ll get an inquiry from a merchant, recently placed on the MATCH list (also called the TMF list), looking for payment processing. We approach each merchant case…
Daily Fantasy Sports (Slowly) Making a Comeback – We Told You
We went out on a limb last March and predicted daily fantasy sports would make a comeback. We based this on three observations: DraftKings and FanDuel making in-roads in the U.K. DFS Legalization in both Virginia and New York (and many others considering) States realizing it is a new revenue stream The emergence of DraftKings…
Ever Heard of These High Risk Merchant Accounts?
We’re hoping this is the start of something. We can usually gauge the kinds of industry leads we’re going to see at the beginning of each month. We seem to draw plenty of tech support merchants, online travel businesses and web design/SEO companies that need high risk merchant accounts. Four days into August, however, and…
The Great Thing About Placing High Risk Merchant Accounts
We are all high risk merchants. And low risk merchants. And medium risk merchants, if such a distinction exists. And here is why we say that: We have plenty of partners with which we accept and refer businesses for payment solutions. Many of them are competing payment processors that only work with low risk, retail…
What are Fictional Currencies Worth?
What is a Galleon, from the Harry Potter series, worth compared to the US dollar? What about a Credit (Star Wars), or a Space Buck (Spaceballs)? How many Gold Dragons (Game of Thrones) can purchase an automobile? Instabill is a global payment solutions provider (not intergalactic…yet) based in Portsmouth, NH, and its mega-talented web administrator, Stephanie…
Instabill Offers Merchants Payouts in Bitcoin
Would you prefer your payouts in bitcoin? Instabill can do that for you. A provider of payment processing solutions for e-commerce, MOTO and POS businesses, Instabill Founder and CEO Jason Field announced Monday that Instabill can begin depositing payouts into the bitcoin accounts of its merchant partners. “It has long been a goal of Instabill…
A Message to High Risk Payment Processors and the Feds
Remember that episode of The Office… …when Dwight is named interim regional manager of Dunder Mifflin’s Scranton branch while Michael interviews for a position at the corporate offices in New York? Dwight wastes no time in strong-arming and alienating the staff in the Scranton office. The U.S. Department of Justice made a similar, not-so-great impression…
European Merchant Accounts and Brexit: One Thing You Need to Know
The United Kingdom is leaving the European Union. Over the past 36 hours, the announcement has UK citizens and ex-pats divided for a multitude of reasons. European and Asian stock markets have sputtered. The Great Britain pound’s value is down to a 31-year low. Prime Minister David Cameron is stepping down. People are on edge,…
Why Consumers Need Uniform Data Breach Notification
I spent 21 years in public and media relations at four U.S. colleges and universities. In times of crisis communications, my approach was and is to get in front of the issue, to be as honest and forthright to your audience as you can so that the issue won’t come back to haunt you. There…