Acquiring banks have many reasons to label your penny auction business as “high risk,” including:
Because of these risk factors, NO U.S. banks will currently approve penny auction merchant account applications.
Through our established network of offshore banks, Instabill offers penny auction merchant accounts with all the features you need to run a profitable online auction website–and without restrictive trading conditions or prohibitively high fees.
Online credit card processing for your penny auction business has never been so easy! Want to learn more about how you can apply for a penny auction merchant account? Visit us at Instabill.com<.