Your merchant account has been terminated. Whether you had too many chargebacks and/or refunds, unexpectedly low volume or whatever the case, it is an unenviable position to be in. To make matters worse, the acquiring bank through which you process credit card transactions, is holding the funds or reserve you have left until further notice.…
Tag: merchant account
Merchant Services 101 is in Session at Instabill
A business can always improve. Especially in an industry constantly in flux. The payments industry changes year to year, sometimes even quarter to quarter. Learning the nuances of payments is perpetual and critical to growing and sustaining merchant relationships. So Instabill Sales Manager Wendy Jacques, who has had a lengthy career at the highest levels…
Tech Support, Adult, E-Cigarettes: Top E-Commerce Merchant Accounts in Q4
The PC tech support, adult content and e-cigarette industries emerged among the top e-commerce merchant accounts sold by Instabill in the final quarter of 2015. The three industries made up for more than half of Instabill’s merchant account sales in Q4. Perhaps the oldest e-commerce industry, adult e-commerce continues to prove its staying power while…
In the Merchant Account Sales Cycle, Leave a Lasting Imprint
By Matt Dydo There’s a great tune by the band called Double Drive entitled ‘Imprint,’ with a line that particularly grabs me: One step I make an imprint Two steps it’s a commitment Three steps I’m not done yet Draw my other leg up and the pace is set The line reminds me of the…
5 Safeguards to Take on Cyber Monday
It is warfare between consumers, merchants and credit card issuers against fraudsters this holiday season. With more consumers using the more secure EMV microchip credit cards than ever – but still not enough – fraudsters are looking to capitalize on e-commerce businesses. Cyber Monday, the day where online shopping reaches one of its peaks in…
Why Merchants Should Embrace 3D Secure Technology
Different countries – including India and South Africa – have begun to require merchants and credit card issuers to use 3D Secure technology for e-commerce transactions. And there are rumblings that the European Union will soon follow. Could the U.S. be next to mandate 3D Secure? The good folks here at Instabill think so. In fact,…
3 Reasons Why You Should Avoid PayPal Merchant Services
At the turn of the new century, the rapid success of eBay brought its payments brand, PayPal, into the spotlight. PayPal quickly emerged as a fast, secure, and convenient way of sending payments electronically, and over the years, became somewhat of a standard when purchasing products online. Now its own independent brand, PayPal has developed…
Frequently Asked Merchant Account Terms (with Definitions!)
Many new e-commerce business owners ask us what certain words in the merchant account industry mean. You can check out our online payment glossary at Instabill.com for free. However, for your convenience, we have selected some of the most asked about merchant account terms by our merchants and defined them for you below. Acquiring Bank…
Tips for a Fast Merchant Account Application Process
When applying for a merchant account, you’re probably keen to start as soon as possible. As an account manager here at Instabill, I want to offer you access to our payment gateway in the timeliest fashion achievable. However, there are things every merchant can do to help me speed up the merchant account application process.…
Payment Processing Solutions for Debt Consolidation Merchants
In today’s tough economy, more people are finding themselves deep in loan and credit card debt. By mid-2011, consumers in the United States accumulated more than $2.4 trillion in unsecured debt. Not being able to pay your bills can be scary–especially when you’re thousands of dollars in the hole. Debt consolidation merchant accounts allow you…