Company news

Instabill Expands Merchant Services Industry List

Having started as a merchant services provider in the industries of adult and online gambling, Instabill has steadily expanded its industry list through the years – particularly in recent months – and now offers merchant accounts in more than 60 industries. Over the summer months, Instabill added a dozen industries to its menu, including medical marijuana, Bitcoin and cryptocurrencies, fantasy sports and antique collectibles among others.

“We have reached a level at Instabill where we are able to offer merchant accounts for a variety of business types,” said CEO Jason Field. “As e-commerce continues to grow in the US and the rest of the world, we are consistently looking to expand our list of industries and offer competitive rates.”

Merchant Services for a Broad Mix of Industries

The growth of e-commerce in the US has enabled merchant services providers, such as Instabill, to expand its offerings of merchant accounts. Among the latest industry types we offer include:

Antique Collectibles
Computer Hardware
Fantasy Sports
Medical Marijuana
Mobile Apps
Online Auto Parts
Pet Supplies
Satellite TV Repair
Scholarship Programs
Ticket Agencies
Website Design & Hosting

Bitcoin, Medical Marijuana Surging

Of the newest offerings, the industry that has made the biggest impact is Bitcoin, the digital, peer-to-peer currency that some insist is the future of money. Since announcing the offering of Bitcoin merchant accounts and banking options at the 2014 Crypto Valley Summit Sept. 17, Instabill has fielded many queries with several accounts close to processing.

With medical marijuana legal in 23 states and the District of Columbia – along with Colorado and Washington legalizing recreational use – Instabill has offshore credit card processing solutions in place for licensed medical marijuana dispensaries.

Other industries which have proven to be in demand include website design and hosting, satellite TV repair and ticket agencies, particularly in Europe.

Don’t See Your Industry? We’re Listening…

Instabill is always looking to add to its menu of industries and we are open to ideas. Let us know what you have in mind. Our merchant account managers are available Monday through Friday, 8:00 a.m. until 6:00 p.m., at 1-800-318-2713 and by selecting the live chat option at the bottom of the screen.

Friday, 17 Oct, 2014 / 2:29

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