Acquiring Banks perceive many e-commerce businesses worldwide as high risk since the customer is not present to sign the credit card receipt.

Extreme trading restrictions are imposed on the merchant that ultimately leads the business owner to search for a high risk merchant account. The following trading practices lead most banks to categorise businesses as high risk:

• accepting credit card payment over the telephone (aka, moto merchants)
• accepting credit card payments over the Internet
• free trial offers, then recurring weekly or monthly billing
• high price points (average transaction value over $500)
• high volume of Internet sales (above $25,000 per month)
  
  
• Seasonal /sporadic online sales
• Selling to International customers
• Hosting the credit card payment page (PCI Compliance)
• foreign currency processing and settlement
• type of product or service being sold online
  
  
• New web based business applying for an online merchant account
• offshore company applying for a merchant account
• Start-up Internet business
• Merchant with a high refund rate
• Sole trader applying for an Internet merchant account not expecting to incorporate
  
  
• Business location
• Business or company owner’s credit/background check
• Business owner requesting anonymity
• Delivery terms and conditions
• TMF merchant (terminated merchant file) bank closed merchant account
  
  
• Excessive chargebacks
• Poor customer service
• Credit card billing descriptor not disclosed to the customer
• Refund policy of the business
• Contradictory or false information provided by the business owner on the merchant account application

Instabill work with Worldwide Acquiring Banking partners who say YES to high risk merchants.

Start setting up your new Merchant Account today!

Many local merchant acquiring banks decline a high number of merchant account enquiries because their under-writing department may have very strict guidelines. Every day new merchants inform us how their own bank either declined their merchant account application outright or simply nobody from the merchant account department ever got back to them.

Instabill welcome's new start up Internet businesses as well as established Internet businesses who are seeking to find a reliable payment processing provider. In addition to being able to provide merchant account approvals very fast, Instabill and it's trusted merchant banks do not require large upfront deposits, we do not restrict the merchant's processing sales turnover, nor do we charge double-digit discount rates.