diff --git a/src/applications/phortune/editor/PhortuneMerchantEditor.php b/src/applications/phortune/editor/PhortuneMerchantEditor.php
index e2db3688e7..53fc7c94f2 100644
--- a/src/applications/phortune/editor/PhortuneMerchantEditor.php
+++ b/src/applications/phortune/editor/PhortuneMerchantEditor.php
@@ -134,6 +134,7 @@ final class PhortuneMerchantEditor
         }
        break;
       case PhortuneMerchantTransaction::TYPE_INVOICEEMAIL:
+        $new_email = null;
         foreach ($xactions as $xaction) {
           switch ($xaction->getTransactionType()) {
             case PhortuneMerchantTransaction::TYPE_INVOICEEMAIL:
diff --git a/src/applications/phortune/storage/PhortuneMerchant.php b/src/applications/phortune/storage/PhortuneMerchant.php
index a57e5bd69e..69675c2ebc 100644
--- a/src/applications/phortune/storage/PhortuneMerchant.php
+++ b/src/applications/phortune/storage/PhortuneMerchant.php
@@ -19,7 +19,10 @@ final class PhortuneMerchant extends PhortuneDAO
   public static function initializeNewMerchant(PhabricatorUser $actor) {
     return id(new PhortuneMerchant())
       ->setViewPolicy(PhabricatorPolicies::getMostOpenPolicy())
-      ->attachMemberPHIDs(array());
+      ->attachMemberPHIDs(array())
+      ->setContactInfo('')
+      ->setInvoiceEmail('')
+      ->setInvoiceFooter('');
   }
 
   protected function getConfiguration() {