For the fifth year running, Instabill was named among the Best High Risk Merchant Services Providers by credit card processing industry watchdog CardPaymentOptions.com, announced recently. Instabill received a final grade of A as it was judged in four categories including: Sales and Marketing Costs and Contract Complaints and Service Better Business Bureau rating Having received…
Tag: high risk merchant services providers
High Risk Merchant Services Providers are On the Front Lines Against Transaction Laundering
How common is transaction laundering? All high risk merchant services providers will offer similar responses from very to extremely. We’re unable to prove cases of such, but we’d venture to guess that a week doesn’t go by without our account managers receiving 3-5 inquiries from merchants with suspicious websites that show the signs of criminal…
What concerns high risk merchant services providers the most?
We recently saw a survey about high risk merchant services providers ranking factors related to merchant risk they were concerned about the most. It was top heavy, with card-not-present fraud leading the way at 38 percent, followed by underwriting and handling chargebacks each at 23 percent. Card present fraud and friendly fraud impact were each…