What are you looking for in a low risk merchant account?
- Point of Sale and E-Commerce Solutions
- Fast approval
- All Major Credit Cards
Not only does Instabill offer low risk merchant account solutions with each of the above, but it does so with first class customer support. We’ve been servicing e-commerce and point-of-sale (POS) merchants – as well as mail-order/telephone (MOTO) merchants – worldwide since 2001.
Through our wide range of acquiring bank partners, Instabill delivers custom payment processing solutions that can have your business accept credit cards within days.
5 Characteristics of a Low Risk Merchant Account
In the world of payment processing, there are low risk merchants, medium risk merchants, and high risk merchants. Risk level is determined by several factors: industry type, processing history, country of incorporation and more. To qualify for low risk merchant accounts, your business will fit the following description:
- You process less than $20,000 per month
- Your average ticket size is less than $50
- Zero to low chargeback ratio
- You operate within a low risk industry
- You are incorporated in a low risk country
Additionally, 80-85 percent of transactions are card present as opposed to online or card not present fit the low risk description, such as a storefront business that also operates an e-commerce site. Moreover, healthy processing history goes a long way in securing low risk merchant services as does a high credit score (750 and higher).
If the merchant, however, falls outside of the description of any of the aforementioned criteria, their risk level rises.
Examples of Business Types Which Apply for Low Risk Merchant Accounts
Online and Retail Merchant Accounts
By signing on with Instabill for an online retail merchant account, merchants can benefit from a generous monthly processing limit, enabling you to watch your business grow. Check out our online retail merchant account page as well as our US merchant services site.
Mobile EMV POS Solution
In February 2016, Instabill announced a new mobile EMV POS solution, enabling for merchants to process credit card transactions securely while on the go, whether it be a trade show, exhibition or flea market.
Contact Instabill Today to Get Started!
For a fast credit card processing solution, simply complete the quick form above to get started. We don’t just get your business processing payments — we remain with you as a consultant for the life of the merchant account. Contact us online, or call 1-800-318-2713 to speak with a live representative today.