Credit card processing is essential for any online business to succeed. Being able to accept credit card payments through your website is a big part of attracting new customers and making the checkout process easier. However, not all merchants have a fair shot at getting merchant accounts for their business. If your business is considered “high risk”, it could be extremely difficult to find payment processing options.
That’s where Instabill comes in. Our high risk merchant accounts are specially designed to help high risk merchants find great processing options for their retail and e-commerce businesses. Through a vast network of domestic and offshore banking partners, we can help you forge the appropriate connections to get your online merchant account.
If you’ve been finding it difficult to obtain good credit card processing services, or if you’re in need of another option, don’t hesitate. Instabill is always eager to help merchants find the processing solutions they deserve, regardless of risk level. Take a look at some of the e-commerce industries we work with for more specific information, or contact a live merchant services specialist to apply now.
Expand each section to learn more about our high risk merchant accounts.
If you’re a high risk internet merchant, finding the right merchant account can mean the difference between success and failure. Instabill’s high risk merchant accounts:
As a high risk merchant, your best option may be to find an offshore acquiring bank that will provide you with a merchant account. Processing offshore can come with a variety of great benefits, like generous monthly volume caps, low rates, tax breaks, and more.
Instabill is partnered with a wide range of acquiring banks all around the world that are eager to take on new clients. When you submit an application for a merchant account at Instabill, our merchant account managers will begin working to pair you with an acquirer that will give you the best merchant account for your business.
Once approved for a high risk merchant account, your website will be integrated with the Instabill payment gateway. All customer payments submitted on your site will enter our PCI compliant gateway for processing, and will then be submitted to your merchant account. Our skilled in-house tech team will perform the payment gateway integration free of charge, so you do not have to worry about any technical issues.
Many acquirers turn down new businesses because they deem them to be too risky. However, if you’re launching a business and don’t have any prior processing history, that’s not a problem. We still accept applications from startup businesses and work hard to match them with an acquiring bank that will allow them to accept credit card payments online.
At Instabill, we provide payment processing solutions to both retail and e-commerce businesses. If you have a storefront business and a website you’d like to sell your products on, why not get both a retail merchant account and an internet merchant account? Instabill can provide solutions for a variety of merchants’ needs.
A MOTO merchant account enables merchants to accept credit cards by manually entering them into a payment gateway by means of a virtual terminal. Instabill provides free use of its virtual terminal for qualifying merchants.
An e-commerce business is often labeled as high risk because of a high chargeback rate. Merchants can lower chargebacks by improving their customer support, delivery time or improve their sales scripts to reduce pressure on a customer.
High sales volume also plays into a merchant’s risk factor. For high volume merchants, opening multiple merchant accounts is the solution. By using multiple merchant accounts, you can allocate your sales to your different accounts and therefore cutting your monthly volume.
Added security measures also lower a merchant’s risk profile. Instabill offers its merchants the option of 3D Secure processing, SSL certificates and MaxMind fraud protection. To find out more about the benefits of multiple merchant accounts, speak one-on-one with an Instabill representative.