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Instabill Offers Online Wine Merchant Accounts
Committed to growing its Industry list, Instabill is pleased to announce it can offer online wine merchant accounts both here in the U.S. and in Europe. Through its network of banking partners, Instabill can offer both e-commerce and MOTO (mail order/telephone order) payment solutions for online wine and spirits merchants – with stipulations – for low rates and with fast approvals.
There’s a Hitch With Online Wine Merchant Accounts – and It’s ImportantInstabill’s acquiring banking partners specify three critical stipulations with online wine merchant accounts to uphold drinking age laws:
- Merchant website must have a confirmation screen stating viewer must be 21 years of age or older to enter the website.
- Merchant website’s checkout screen must have an option to click confirming the viewer is 21 or older.
- Merchant must use a shipping company that examines a valid form of identification of the receiver upon delivery, which needs to be prominent on the merchant website.
For MOTO Merchants, Use our Free Virtual TerminalFor e-commerce wine businesses who wish to expand to MOTO sales, Instabill has a terrific solution. MOTO merchant accounts enable the merchant to accept credit cards over the telephone by keystroking the card numbers directly into your payment gateway using Instabill’s virtual terminal – free of charge.
What Are My Rates?This is always one of the first questions merchants ask, and rightfully so. Yet the answer lies in a merchant’s processing history. Instabill banking partners determine rates on a case-by-case basis based on the strength of a merchant’s portfolio - and this is the case for online wine merchant accounts. After we receive the required application materials, four areas of a merchant’s financial history usually determine rates:
- Credit Card Processing History: Strong processing history – the longer the better – a is a must for the lowest rates.
- Chargeback History: Low chargeback occurrence plays a vital role in determining your rates. Instabill offers chargeback resources to help merchants mitigate them as much as possible.
- Owner/Business Reputation: This is a component that speaks for itself.
- Financial Stability: Merchants often have imperfect credit history – we get it. Instabill merchant account managers will work with merchants on this.
Instabill Knows High Risk Merchant AccountsHaving planted its roots in the industries of adult and online gambling, Instabill continues to expand its menu of high and low risk merchant services and payment processing for more than 70 industries. Don’t see your industry on our menu? Call us anyway at 1-800-318-2713 – chances are we have a solution for you.
The backbone of ECS World is our PCI compliant payment gateway. Accept credit cards online, over the phone, or via mail order with our simple and easy-to-use payment processing solution. No hidden fees and no volume caps. Learn more today.
ECS World provides credit card processing services to online and MOTO businesses with its PCI compliant payment gateway solution. Whether you want to process onshore, offshore, or internationally, they have a solution for you!