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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…

Another challenge is forthcoming in high risk online merchant services

Another challenge is forthcoming in high risk online merchant services

It’s safe to say that chargebacks can be the root of all evil. In high risk online merchant services, we know many merchants who will agree with us. Internet merchants have had to adapt quickly to the many changes in dealing with chargebacks: First there was Visa’s (then Mastercard’s) pivotal decision to halve its chargeback…

An e-cig merchant is finding it’s a new age for high risk internet merchant services

An e-cig merchant is finding it’s a new age for high risk internet merchant services

It’s a new age for high risk internet merchant services, but apparently an e-cigarette and e-liquid manufacturer in California hasn’t received the memo. Recently, there was a piece in the Boston Herald about how Massachusetts Attorney General Maura Healey issued a cease and desist letter to an e-cigarette company in California, for breaches of the…

There’s Been a Shift: Domestic Merchant Accounts for High Risk Industries

There’s Been a Shift: Domestic Merchant Accounts for High Risk Industries

We’ve seen a major change in the merchant services industry over the last year: We’re getting domestic merchant accounts for high risk industries far more often than we used to. There was a period when high risk merchants would contact us, we would set them up with an offshore acquiring banking partner 80-85 percent of…

High risk echeck processing: The most underrated way to accept payments

High risk echeck processing: The most underrated way to accept payments

If it were up to us, every merchant we board for credit card processing would have a high risk echeck processing solution as well. For the good folks here at Instabill, offering high risk merchant account processing often means pressing the outer reaches to find solutions for the highest of high risk merchants. Obviously, every…