There is a pivotal scene in the film Taxi Driver, when Travis Bickle (expertly played by Robert DeNiro), is well into the depths of madness and utters the famous profane-laced rant, “Listen you … Here is a man who would not take it anymore…A man who stood up against the scum…Here is a man who…
Category: Support and Services
Why You Need P2P Encryption and Tokenization – Today
In the U.S. e-commerce industry, convenience seems to be the antithesis of security. Merchants’ stagnant adoption to 3D secure, at least from what Instabill merchant account managers have seen, is proof of such. In the age of the data breach, however, that school of thought can result in the loss of a business. 3D secure…
The One Hiccup with EMV Credit Cards
If your Netflix abruptly stops working, don’t be alarmed. If you start receiving renewal notices from the newspaper or weekly magazine to which you subscribe, you’re not alone. If you start receiving hate mail from the toll collection company, there’s a reason for it. Hopefully by now, most consumers in the U.S. have received their…
Merchants Fighting Friendly Fraud With Compelling Evidence
Friendly fraud is becoming more rampant each year, but e-commerce merchants are fighting back. To most merchants, friendly fraud and chargebacks used to be considered as a measly ‘cost of doing business’ that merchants begrudgingly absorbed. For many reasons, this school of thought is no longer acceptable and even dangerous for two reasons: Visa’s new…
3 Dangers High Risk Merchants Don't Think About
High risk, high return. It is the creed of high risk merchants and their payment processors who, more than ever, are facing scrutiny and review from entities such as the Consumer Finance Protection Bureau (CFPB) and Federal Trade Commission (FTC). It was well-discussed Tuesday in the session entitled ‘Art and Science: The Ever-More Difficult World of…
The Real Advantages of ACH Payments: Security, Dependability
What if a business or consumer has reached or exceeded the spending limit on their credit card and is unable to make a payment on an item or service? How does the creditor accept payment from the debtor? This is why, along with credit card processing, merchants need to offer ACH payments (short for Automated Clearing…
Transact 16 is a Week Away, and You Should Meet With Instabill
It is well known that banks are turning away high risk merchants a little more frequently for a number of reasons. Perhaps it’s because of industry type, exceedingly high volume or imperfect processing history. Instabill has solutions for all three situations which is why you need to stop by Booth #1018 at Transact 16. Partner…
What Makes Credit Card Processing Fees Increase?
You received your credit card processing statement from your bank and noticed the fees have increased. What used to be, for example, 5% is now 6.5%. What makes credit card processing fees increase could be the result of three things. 1. Excessive Chargebacks Too many chargebacks are never good for anyone. And they can affect…
How E-Commerce Merchants Will Avoid CNP Fraud
Not too long ago there was a great quote on LinkedIn. Or maybe it was Reddit or Twitter, but it read, ‘We can put a man on the moon, but we can’t stop CNP fraud.’ It made me chuckle out loud. Card-not-present fraud has already escalated and is projected to worsen each year for the forseeable…
Why Instabill Podcasts (And You Should Too)
Over the last three months, you’ve likely noticed the Soundcloud bar underneath the title of each of our blogs. We encourage you to click the play button and listen to the Instabill podcasts. Why have we chosen to podcast our blogs and news items? We have three reasons, but generally, it fits our beliefs about…