Based in Portsmouth, New Hampshire and with an EU registered address in Lija, Malta, Instabill has been covering the high-risk merchant space since 2001. With constant change within the high risk merchant space, it has remained current with shifts and regulations within the industry.
Some of the approved business types include:airline tickets, hotel reservations, vacation home rentals, and more.
Instabill offers accounts with offshore acquiring banks, providing affordable rates.
The fees that Instabill offers depend on the merchant’s processing history, type of industry (high or low risk), and/or projected sales volume. Instabill will not charge any fees until the acquiring bank approves the merchant account.
While each merchant account is different, fees include: chargeback fees, discount rate, merchant account fees, merchant account registration fees, monthly statement fees, refund fees, and transaction fees.
Tech support merchant benefits include the following: easy person to person transfers, no debit/credit card or PIN use, a convenient storage solution on your PC or smartphone, traceable transactions to deter fraud.
Due to Instabill’s focus on high risk accounts, it may feature tiered pricing, early termination fees, and PCI Compliance fees. Most complaints against Instabill are about the company’s fraud prevention policies. Merchants report cancellation of their merchant accounts or withholding funds.