In its continued pursuit of offering merchants the best payment options, Instabill has partnered with two international banks, enabling for additional high risk payment solutions. Both solutions cater to high (and low) risk merchants and offer fast approvals and industry-competitive rates. Instabill continues to broaden its menu of credit card processing solutions for high risk…
Category: Our Stories
Wait…I Never Opened an Online Shopping Account at Walmart
On Thursday morning, I received an e-mail from Walmart.com stating, ‘Congrats on creating your Walmart account.’ It looked legitimate, spot-on actually. I even hovered over the links to see the e-mail addresses to which they are linked — all legitimate, but I didn’t dare click, airing on the side of caution. The ‘Congrats’ message was sent…
Facebook Marketplace Taught Lesson in Transaction Laundering
A couple of months ago, we blogged about the prevalence of transaction laundering – the act of using a legitimate merchant account to sell illegal and/or illicit products or services online. A week ago, Facebook debuted its new app Facebook Marketplace, and received a first-hand education in transaction laundering when it discovered a number of…
Why You Should Care About National Customer Service Week
We blogged recently about the importance of capitalizing on holidays and events to boost sales and break into new markets. National Customer Service Week, Oct. 3-7, plays directly into that idea. The mere fact that an e-commerce merchant is aware of National Customer Service Week shows a consumer that the merchant is mindful of such…
Need to Boost Sales? Use a Global Calendar
I’ve got a close friend who has made a terrific living selling lobster dinners online – live and frozen – delivered overnight in the U.S. He is a master marketer, utilizing niche and obscure holidays and celebrations to promote deals and packages. Based north of Boston, he pays close attention to the calendar, planning specials,…
Why E-Mail Fraud Still Works
Yahoo! became the latest internet giant to suffer a data breach and is expected to disclose the extent of the leak this week. According to CNN.com, 500 hundred million user accounts were compromised, meaning Yahoo! e-mail users if not already, are about to receive a barrage of requests and legitimate-looking proposals for their personal information.…
Phishing Attacks via E-Mail: Do Not Open
Because we are a high risk payment processor, we’re seeing an increase in phishing attacks by e-mail. Fortunately for us, each attack has been obvious, bordering on pathetic even. They’ve even given us a good laugh. We’re lucky, however. Because of what we do, we can spot the red flags of fraudsters and unsavory millennials…
We Found Something Strange on This American Express Ad
The major credit card issuers are supposed to be pushing EMV credit cards, the new ones with the microchip, right? Is it not true that the major brands got together one day a few years ago to collectively form a plan to implement EMV chip credit cards in the U.S.? Isn’t our fair nation, after…
4 Payment Technology Futures Right Out of Science Fiction
The future is here. We’re creating self-driving cars. Virtual reality experiences. Even life-size robots. In 2016, we’re just reaching the future predicted in sci-fi of the 50s and 60s. Even payment technology has come a long way in the past few decades, jumping from cash and checks to credit cards and online payments. So how close…
Why We Can’t Process Payments in Certain Countries
Every day, we get inquiries from merchants who need to process payments through their website. S/he could be offering a product such as shoes or a service such as tech support. As our account managers always do, they’ll ask the initial pertinent questions: Did you have a payment solution prior to contacting us? If so, was your merchant account…