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Instabill

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Resumen

Instabill is a provider of merchant accounts and a payment gateway. The company opens accounts for accepting cards in online stores, at points of sale and in mobile scenarios, and also works with high-risk merchants.

Acceptance channels

  • E-commerce — card payment on a website.
  • POS — a terminal in a shop or office.
  • Mobile payments — taking payments on a phone or tablet, for example by a courier or at an off-site sale.

Methods

  • Bank cards.
  • Contactless payment by card or smartphone.

High-risk

The company states that it works with high-risk merchants. These are projects banks consider risky because of their industry, chargeback levels or sales model, such as subscriptions and prepayments. They need a partner that will not close the account at the first rise in chargebacks and can help find a suitable bank.

Onboarding

Approval is not guaranteed: each application is reviewed separately. Fees, reserves, payout timing and supported countries are not stated on the card — they are quoted after the business is assessed.

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