Instabill offers medical marijuana merchant account solutions for licensed marijuana dispensaries, CEO Jason Field announced Apr. 30, 2014. With the legalization of marijuana for medicinal and recreational purposes in 25 states, acquiring banks are warming to the notion that it is an industry with tremendous earnings potential, one in which credit card processing is absolutely necessary.…
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Secure Your Payment Transactions With Tokenization
When establishing a business, finding the right merchant services provider is paramount. So is securing your transactions, especially in the age of recent credit card data breaches. There will likely never be a failsafe method of securing credit card data from hackers, but tokenization might be the strongest defense yet. Tokenization Endorsed By Experts at…
Patience Pays for This Global Merchant Services Account Manager
In the global merchant services industry, Instabill works with a wide range of different people and industries and it often requires patience. One of the hardest parts as a global merchant services account manager is to understand and deliver what each individual business owner is looking for when it comes to credit card processing, particularly…
Facebook E-Commerce Plans Payments Service
In its latest move to compete with the likes of Google, Amazon, and eBay, Facebook has revealed its intentions to create its own payments service. The would-be extension of Facebook e-commerce would serve as a Western Union-type of international cash transfer feature. Amid past snags and failed experiments, many are cautious about the social network’s…
Instabill Introduces Grant Assistance Merchant Accounts
Some credit card processors cringe when they hear the words grant assistance merchant accounts, but not us here at Instabill. The grant assistance industry has sprung up to help befuddled consumers navigate their way through the confusing maze of government grants available to those who qualify. Using a third party to help with the grant…
2 Ways Small Business Merchants are Losing in the Payments Landscape
As the payments landscape continues to change, it is the small business merchants who seem to be forgotten in the migration to EMV chip technology and protection against hackers. This was a recurring theme in two of the seminars at the Electronic Transaction Association (ETA) Transact 14 Conference in Las Vegas last week, entitled Merchants…
Instabill Earns ‘A’ Rating for Merchant Services
For the second straight year, Instabill received an ‘A’ rating for quality merchant services and credit card processing from CardPaymentOptions.com. A pat on the back once in a while is a good thing. So when we received the shared tweet that Instabill received an ‘A’ rating for merchant services from CardPaymentOptions.com, I shared it immediately…
US Retail Sales Hit $4.5 Trillion in 2013
The numbers are in—total US retail sales totaled more than $4.5 trillion in 2013. The growth over the past year is largely attributed to e-commerce sales, which accounted for $40 billion out of the above amount. Although that seems like a relatively small piece of the pie, e-commerce sales actually rose by 17% in 2013,…
Game Changes for Payday Lenders
In a series of sweeping policy changes, the Consumer Financial Protection Bureau (CFPB) has imposed new rules on “predatory lenders,” including payday lenders and high cost installment loans. Lenders that provide small dollar loans will now have to adhere to the same laws as regular lenders, which will help shield consumers from predatory lending tactics.…
Chinese E-Commerce Giant Alibaba Makes US IPO
As Chinese e-commerce continues to gain prominence among the US and European markets, its biggest company—Alibaba–plans to make an IPO in the New York Stock Exchange later in 2014. This latest move suggests that Chinese e-commerce giants, such as Alibaba and JD.com, are proving to be heavily influential in the global market. Chinese E-commerce? What…