![]() ![]() If you are seeking a MOTO merchant account, Instabill has the solution for you. Instabill offers a variety of merchant services to e-commerce businesses worldwide. It is vital for businesses to be able to accept credit card payments over the telephone in these such occasions. Why accepting payments by phone is important Merchants will improve their chances of acquiring a virtual terminal should they have a website with the aforementioned details. In recent months, we’ve found that our acquiring banking partners are hesitant to offer virtual terminals to merchants who do not have websites detailing products and services, as well as refund policy and contact information. We do our collective best to provide virtual terminals to merchants who qualify. What Instabill recommends to All VT Merchants Merchants may write credit card information on scratch paper – but what happens and who sees that piece of scratch paper?.Merchants could enter the wrong credit card information – number, expiry date and CVV code – resulting in a chargeback.Acquiring banks and payment processors are unable to actually see what the merchant is selling.Merchants who operate solely by VT are considered the highest of the high risk for several reasons: Between 5-10 years ago, it was much easier to accommodate then, but acquiring banks are leery of such arrangements now. Why Virtual Terminal Merchants are Considered High Riskīecause Instabill is a veteran high risk payment processor (since 2001), we draw plenty of inquiries from merchants who wish to process payments solely via a virtual terminal. ![]() The virtual terminal allows merchants to enter their customer’s payment information into the payment gateway quickly and easily, making it an invaluable payment processing tool for all MOTO merchants. ![]() If you accept credit card payments through a MOTO merchant account from Instabill, you will have access to our free virtual terminal application. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |