If you run a business, increasing your revenue is likely one of your top priorities. Accepting credit card payments is a simple way to grow. If your customers can pay you more easily, they are more likely to buy. However, if you have a flawed credit history or are in a risky industry, it may…
Category: Support and Services
Why Is It So Hard To Find Payment Processing for Cannabis Companies?
If you’re starting up in the emerging cannabis industry, you might have noticed that your banking options are limited. While there are places where it is easier to find a cannabis merchant account for credit card processing and other electronic payment types in Canada and a few other select countries with a legalized trade, legal…
How valuable is underwriting for a high risk credit card processor? Invaluable.
Any and every high risk credit card processor experiences countless fraudulent merchants attempting to get a merchant account, as often as a weekly basis. Some processors even fall victim periodically to the more sophisticated criminals. It really is a constant battle that knows no end. Recently we read a terrific piece about the tech support…
How Merchants Can Prequalify Their Business for High Risk Merchant Services
We’re big fans of Waze, the driving app that finds the fastest routes to get from Point A to Point B in real time. We love how Waze sends alerts for approaching potholes and obstacles, vehicles on the side of the road and even nearby law enforcement, giving drivers ample time to reduce speed. It…
Cannabis merchant services means an obligation to communities
There’s an added meaning to the concept of cannabis merchant services. We recently read a story about how a cannabis vaping company in California donates one meal from every product sold to area families in need. To date, it has donated more than 1 million meals, and also regularly sends its staffers to volunteer with…
Friendly Fraud in High Risk Credit Card Processing: The 4 Behaviors Every Merchant Should Know
As a high risk credit card processing solutions provider since 2001, we’ve long said that we give merchants the tools to grow and expand, and we absolutely mean it. Among those tools include: The best acquirer proven for their industry A secure payment gateway which recognizes most shopping cart solutions Live and direct merchant support…
In Merchant Account Processing, These 4 Practices Takes Zero Talent
As a longtime provider of merchant account processing solutions, too often we see e-commerce merchants missing out on more revenue and suffering high chargeback rates. They could be doing much better just by implementing simple best practices. Recently, we saw a post on social media that got our creative juices flowing; a post often targeted…
Why Data is About to Become Crucial in Merchant Payment Processing
We’ve always felt merchant payment processing consisted more than just offering merchant accounts to online businesses. More has happened in the payments industry in the last five years than the last 50 (yes, we stole that line), thus Instabill employees value educating our prospective merchants and partners as well as our current ones. It’s why…
A Too-Strict Return Policy Can Lead to Lost E-Commerce Merchant Account Services
If we were to poll e-commerce merchants on their biggest fears and concerns about their businesses, we could probably guess the top three or four answers: Fraud and its variations (friendly fraud) Chargebacks and returns Losing e-commerce merchant account services They would probably be in that order. Recently we blogged about a third-party company called…
What you don’t know about CBD payment processing can hurt you
Recently we had an inquiry from a medical professional seeking CBD payment processing. While in his medical practice, he was amazed at the effects CBD had on his patients as a remedy for inflamed muscles, pain, nausea and anxiety. So he started selling it at his office, then had the idea to sell it online…