The article title says it all: Risky Business. We’re not talking about the 1983 Tom Cruise breakout film. It is the title of an article in the June edition of Digital Transactions, in which author and editor Kevin Woodward expertly explains the acquirer and processor side of the ‘high risk-high return’ nature of processing credit…
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Instabill Has Payment Options for Turkish Merchants
Are you a merchant caught in the conflict between PayPal and Turkey’s Banking and Regulation Agency? You’re in good company. There are thousands of e-commerce and point-of-sale merchants who are scrambling for payment processing alternatives in Turkey. On Tuesday, PayPal (PYPL ^1.38%) announced it was forced to suspend operations as of June 6 in The…
3 Things We Loved About the 2016 CNP Expo
It’s difficult to gauge the ROI whenever the good folks here at Instabill attend a trade show. Forgive us if we’re getting slightly ahead of ourselves, but we’re calling last week’s 2016 CNP Expo a success on several levels. We are thrilled about the meetings we had which we hope result in partnerships. We enjoyed…
3 Challenges Facing High Risk Merchants (and a Solution)
Today’s high risk merchant has enough challenges: Finding adequate payment processing solutions, keeping chargebacks under the 1 percent threshold, and mitigating fraudulent activity. In the session titled Lay of the Legal Land: Review of Legislation That Could Affect Your CNP Business at the 2016 CNP Expo Wednesday, the panel of legal payments experts spoke on…
The One Key to a Successful Subscription Model
While sitting in a session titled No Recurring Nightmares: How a Subscription Billing Model Can Work for You, at the 2016 CNP Expo, the panel of four experts discussed the keys to a successful subscription model. There were numerous suggestions thrown around, but they all had one common denominator: Communication. And this comes with a…
Debt Collection Supervision is Coming
The Consumer Finance Protection Bureau is about to become very interested in your debt collection business. Whether you’re a payday lender, debt collection merchant or mortgage provider, there are changes coming in the near future, according to a recent news item titled CFPB Sets Timetable to Supervise Debt Collection, written by Kate Berry in the…
An Easy Solution to Offering High Risk Merchant Accounts
Back in November, we gushed in a blog post about why our referral partners and resellers should take advantage of our co-branded landing page. We gave several compelling reasons: Our revenue share setup speaks for itself: 60 and 70 percent It’s an easy gateway into offering high risk merchant accounts Searchers for high risk merchant…
3 Ways High Risk Payment Processing is Getting Harder
As a payment processor for high risk industries, Instabill is exhibiting at the 2016 CNP Expo (Booth #721) next week at the Loews Royal Pacific Resort in Orlando, and, to be frank, we’re expecting quite a bit of traffic to our booth. We’re not being pretentious by any means. We feel this way because high…
5 Reasons the Latin American Payments Market is So Appealing
If you’re in the payments industry, chances are you’ve either thought about or are attempting to make in-roads into the Latin American payments market. If not, you should be. Latin America (LATAM) is one of the last frontiers in the world of payments and (arguably) the region with the most potential. In the past, Instabill…
3 Takeaways From Google’s Ban on Payday Lender Ads
Google announced Wednesday that it is imposing a ban on payday lender ads and payday loan-related products from its advertising scheme as of July 13, 2016. Instabill has long offered merchant accounts for online payday lenders. It would be pretentious for us to say we saw this coming – we didn’t. Are we surprised? Not…