When it comes to credit card merchant services, we prefer to respond to inquiries by phone, and we’re going to be forthright about our payment processing solutions. For us, any other way is a waste of time. We periodically find ourselves conducting somewhat of a merchant services 101 class when we receive an inquiry from…
Category: Merchant Accounts
We’ve got several CBD merchant account solutions. Can marijuana be far?
As the talk about marijuana goes, so goes CBD. There is so much going on with the cannabis industry, we can barely keep up. Seemingly, every other inquiry we get – phone, e-mail or web-generated lead – is one asking about our CBD merchant account solutions, of which we have several. We wish we had…
One Stunning Fact About Startup E-Commerce Merchant Account Processing
We received a call recently from a gentleman in search of an e-commerce merchant account processing solution for his pharmaceutical business. Our prospective merchant claimed to have been in business for ‘years,’ though had never processed credit card transactions before, and was thus looking for a good solution. The fact that he had no history of…
Is an aggregate high risk merchant account right for you?
An aggregate high risk merchant account is not perfect, but we’re finding it is often the answer for a merchant whose risk level, for whatever reason, is of concern to an acquiring bank. In the current climate of high risk e-commerce, payment processors and acquiring banks often offer aggregate merchant accounts to enable high risk…
Travel merchant services providers must collaborate with merchants to fight fraud
Defending your business from fraudulent activity is part and parcel with owning an e-commerce business. Travel merchant services providers and those in the online travel business, unfortunately, know this better than most merchants. They tend to attract more fraud than the average online merchant. This very fact is evident in a recently released whitepaper from…
The Beauty of High Risk Merchant Processing: Where Do We Start?
The creedo for high risk merchant processing is high risk, high return. And it’s all true. The earning potential with high risk payment processing is immense if navigated with due diligence and good practices, but also knowing the risks that lie within each individual industry – the latter perhaps more important than ever. It is…
Online gaming merchant account: Why it’s considered high risk
When we receive an inquiry for an online gaming merchant account (as in video gaming and not gambling), the merchant is often surprised and confused that his industry is regarded as high risk by acquiring banks. It takes a few minutes of explaining, but any confusion shortly turns to perfect sense to the merchant. Many…
Need a high risk merchant account? We need to know 5 things
Practically all day, every day, we speak with merchants who need a high risk merchant account. Off the bat, we’ll start asking questions about their business to get a better feel for what the best possible payment processing solution is for them. Instabill has been in the business of providing high risk merchant accounts for…
When You Need to Change Offshore High Risk Merchant Account Providers
Sometimes offshore high risk merchant account providers aren’t what they appear to be. We’ve been in the high risk credit card processing space since 2001, and the landscape continues to change and evolve with new regulations, set forth by the major card issuers and governments. Staying on top of these changes is paramount to remaining…
When an Offshore Merchant Account for Credit Card Processing is a Necessity
A common misconception in payment processing is that an offshore merchant account for credit card processing is necessary if your high risk industry touches upon any or all of the following issues: Legal (such as medical marijuana) Reputational (payday lending or adult content) Health (e-cigarettes or tobacco) Hence, when we receive merchant account inquiries that…