Through a new banking partner, Instabill can now offer alternative payment solutions in several emerging markets and regions of the world, enabling merchants to accept many forms of payment in addition to MasterCard, Visa and American Express.
Among the areas of the world Instabill can offer preferred, localized payment solutions include some of the most burgeoning economies:
- Asia Pacific
- Middle East
“We are thrilled about this partnership,” said Instabill Founder and CEO Jason Field. “This is an exciting time for Instabill. We can now offer merchants a way to accept more concentrated, preferred alternative payment solutions, in addition to MasterCard and Visa, in regions of the world they likely never thought they could reach.”
4 Benefits of Instabill’s Alternative Payment Solutions
- New, Localized Solutions
By and large, South American consumers prefer local payment services such as Boletol or Argencard. In Russia, many consumers pay with Yandex or Qiwi. Through Instabill, merchants can offer these solutions — the preferred local payment solutions of a particular country or region — along with Visa, MasterCard or American Express.
- Expand into New Markets
Instabill is enabling merchants to expand into markets once difficult to reach. When declaring a target market, such as the LATAM region, merchants need to choose the preferred payment method of the region (Boleto Bancario, Banamex or Cabal…), and expand where it never could before.
- Increased Revenue
With Instabill’s alternative payment solutions, expansion into new regions with local solutions means higher revenue and more sales.
- One-Time Integration
A one-time integration with Instabill’s partner platform enables merchants to have access to the preferred alternative payment solutions in new markets.
“We’re very excited to add these payment types to our menu of solutions,” said Wendy Jacques, Sales Manager at Instabill. “We need to know what market a merchant is targeting so that we can identify which alternative payment options are the most popular in that country or region.”
Access to Many Payment Solutions
By signing on with Instabill, your business can appeal to more consumers around the globe by offering specific local solutions in addition to PayPal, Visa, MasterCard and American Express. Among the regions and solutions Instabill can offer include:
- Bancontact MisterCash
- Turkiye Bankasi
- Bapro Pagos
- Pago Facil
- WeChat Payment
How to Get Started with Instabill’s Alternative Payment Solutions
Merchants who would like to expand into new markets are encouraged to contact Instabill at 800-530-2444 or by logging on to Instabill.com and clicking the live chat option.