Why Merchants Should Care About Our New European Merchant Account Solution

Instabill News We’re offering a new European merchant account solution, and here’s why you should care. Merchants are like snowflakes: None are the same and their needs are unique. At the same time, acquiring banks that work with high risk industries are known to terminate payment processing for certain business types for little or no reason. We’ve...
Why Merchants Should Care About Our New European Merchant Account SolutionInstabill News

We’re offering a new European merchant account solution, and here’s why you should care.

Merchants are like snowflakes: None are the same and their needs are unique. At the same time, acquiring banks that work with high risk industries are known to terminate payment processing for certain business types for little or no reason. We’ve seen it happen in the last three years with the industries of online pharmaceuticals, tech support and collections among others.

That is precisely why Instabill is consistently finding new solutions for its network of merchants and partners. On occasion when acquiring banks cease processing transactions for high risk businesses, Instabill has a solution in place.

About Our New European Merchant Account Solution: 3 Things Merchants Need:

It’s a new landscape for businesses that wish to operate and processing payments within the European Union: Businesses must register in an EU country. Alas, below is what merchants need to take advantage of our new European merchant account solution:

  1. European Registration: Instabill can accomplish this for you. We read a study recently in which, among 200 U.S. merchants surveyed, one-third of them indicated they plan to register their businesses in Europe. The release of the survey had excellent timing – about a month earlier, Instabill announced a partnership which will enable for seamless company registrations in Europe. Our pain-free company registrations include finding the office space with a director (if needed, an administrative assistant and shareholder); an office phone number; and payment of annual fees associated with EU company registrations. Optional features such as storage facilities, accounting services and additional bank accounts.
  2. European Bank Account: Merchants who take advantage of our easy European company registration process, a bank account with an EU bank is included among the other features.
  3. Preferable Processing History: Having a history of solid credit card processing will certainly help your case in getting a European merchant account. However, that’s not to say startups with minimal or no payment processing history are not welcome – Instabill is always up for a conversation and our merchant account managers will work hard to get your business approved.

Commitment to High Risk Merchants: Solutions We’ve Added in the Last Year

In November of 2016, we announced the addition of two international banking solutions that catered to high risk industries such as CBD and marijuana seeds, peptides and travel agencies. In October 2016, we sealed partnerships with three acquiring banks enabling for merchants to accept four major credit card brands – Visa, MasterCard, American Express and JCB for high risk industries.

Your European Merchant Account Solution is Waiting

A 10- minute conversation. That’s all we need to get the process moving forward.

Once our merchant account managers get a feel for your business, we know which of our domestic and international banking solutions will be best for your business. We’ll want to know about your payment processing history, sales projections, volume, average ticket sales and a few other details. In turn, we’ll send you the materials we need for an application package to send to the acquiring banking partner we choose for you.

Once prospective merchants receive an approval, our professional relationship begins: Your personal merchant account manager remains on hand as a consultant for the duration of your merchant account with Instabill.

Speak directly with a merchant account manager today at 1-800-530-2444.

Source: instabill.com