High-Risk Merchant Account Europe – Getting It Right

Once you have identified your business as high-risk, the next step is to apply for a high-risk merchant account Europe. This is the only way to accept and process payments for businesses deemed high risk in this region. If you have difficulty getting approved domestically, offshore options like a high-risk payment processors Europe might be the solution you are looking for. SecureGlobalPay specializes in assisting merchants seeking high risk payment gateway solutions throughout the EU. 

The approval of your high-risk merchant account can depend on many factors, including company financials, a personal credit score, low chargeback ratios, and lengthy payment processing history.

High-Risk Merchant Account Europe – Why You Should Consider Getting One

A high risk merchant account Europe allows certain business types opportunities for payment acceptance that US-based acquirers simply will not accept.

This might mean very little to low-risk businesses. However, it has become increasingly difficult for high-risk enterprises, high-volume merchant accounts, and hard-to-place business types to get merchant approval domestically and seek high-risk merchant account Europe alternative solutions.

 

Which High-Risk Merchant Account Europe is best?

SecureGlobalPay is leading the way in alternative solutions for high risk merchant accounts in Europe. When it comes to finding the best high-risk merchant account Europe, there are many options. 

The most important factor to consider when selecting the best high-risk merchant account Europe is that it should comply with the General Data Protection Regulation (GDPR) and the Payment Card Industry Data Security Standard (PCI DSS), which protect customers and merchants against fraud. Furthermore, multi-currency support should also be available, allowing customers to pay in their local currency.

This ensures that the payment processing system is secure and reliable and can help protect against fraud. Additionally, it is important to ensure that the merchant account provider complies with the applicable laws and regulations in the country or region where the business is located.

The next factor to consider when selecting a high-risk merchant account Europe is the fees associated with the account. These fees can include setup, monthly or annual account fees, and transaction fees. Some merchant accounts may offer additional features like mobile payments, virtual terminals, and recurring billing.

These factors should be considered when deciding which high-risk merchant account Europe is best.

 

What is a High-Risk Payment Gateway Europe?

High-risk payment gateway Europe is a payment gateway designed to facilitate high-risk transactions for merchants and customers in the European Union. Usually, it is provided in combination with a high-risk merchant account.

It allows merchants to accept customer payments in any currency, including Euros, Sterling, Dollars, and other major currencies. The payment gateway is designed to be secure, reliable, and compliant with all of the relevant laws and regulations in the European Union.

The secure payment gateway is designed to provide merchants with a seamless way to accept payments from customers in the European Union. It provides various features such as fraud protection, multi-currency support, and integration with all major payment processors. The gateway also offers a variety of payment methods, such as credit cards, debit card, PayPal, direct debits, recurring payments, Crypto, and other payment options.

High-risk payment gateway Europe also ensures that merchants are compliant with the relevant laws and regulations in the European Union. The payment gateway allows merchants to verify customer identity, perform compliance checks, and ensure that transactions are secure and compliant. The best payment gateway for high risk business also allows merchants to set up fraud protection measures, such as chargeback management tools with refund options to help protect their business from excessive disputes.

Quality high-risk payment gateways, like SecureGlobalPay, provide merchants with secure payment methods, fraud protection measures, compliance checks, and customer management options.

 

Which High-Risk Payment Gateway Europe is the Most Affordable?

The first thing to consider when selecting a high-risk payment gateway Europe is the fees associated with the service. Many payment gateways offer different fee structures, so it is important to compare the costs of each. Additionally, consider any additional fees associated with the gateway, such as transaction fees, setup fees, and monthly maintenance fees.

Second, you’ll need to consider the security features of the payment gateway. It is essential to ensure the gateway you select is secure and reliable. This means the gateway should offer secure data storage, secure transmission of data, encryption of sensitive information, and other features to protect your customers’ data and your business from fraud.

Finally, make sure to look at the customer support offered by the high-risk payment gateway Europe. If you ever encounter any issues or have questions about the service, it is essential to have a knowledgeable customer service team to help you out.

Choosing the right high risk payment gateway Europe for your business can be daunting, but it is essential to ensure you are selecting the best option for your needs.

 

US Pioneered Credit Card Processing

American banks pioneered credit card processing services with grocery stores and supermarkets among their very first clients.

Today, it is almost impossible to sell either goods and services without having a credit card processing payment gateway or using other card-not-present solutions.

The massive influx of financial institutions offering competitive prices has led to harsh terms and regulations, particularly for international businesses and hard-to-place eCommerce merchants.

Non-US businesses that cannot find seamless credit card transaction payment gateways and other card-not-present services usually spend a fortune on randomly acquiring bank services without knowing that a European merchant account is a convenient alternative.

 

High-Risk Payment Processors Europe – How Do I Apply?

Before you can accept payments with one of the select high-risk payment processors Europe, you must first go through the application process. This process involves providing the payment processor with information about your business, such as your annual sales volume, customer base, risk history, and geographic location. Once the application is approved, you can start accepting payments with any of the high-risk payment processors Europe.

The payment processor will then provide you with a payment gateway that you can use to accept payments from customers. You must connect your payment gateway to your website or checkout page, so customers can securely enter their payment details. You must also set up fraud prevention measures and chargeback handling to protect your business from fraudulent transactions.

Once you have set up your payment gateway and fraud prevention measures, you can start accepting payments with your high risk payment processor Europe. It is important to remember that additional fees may be associated with this type of account, such as monthly service fees and transaction fees. Additionally, the payment processor may require you to have a reserve account, which covers any chargebacks or refunds.

Take the time to understand the application process to ensure that you can effectively accept payments with your high-risk merchant account Europe.

 

What Payment Gateway Europe Accepts USD?

SecureGlobalPay accepts USD within the European Union as payment gateways in Europe are becoming increasingly popular, and businesses are looking for payment gateway services that accept USD. A high-risk payment gateway Europe is one of the most commonly used solutions, as it provides a secure and reliable payment method for customers and merchants.

There are payment gateway Europe solutions that accept multiple currencies, including USD, and are capable of processing payments in real-time, ensuring that customers and merchants can securely transfer funds.

They offer a wide range of payment gateway solutions specifically tailored for businesses in high-risk industries, such as gambling, gaming, forex trading, and other services requiring higher security.

SecureGlobalPay is an option for those seeking a high-risk payment gateway Europe solution (US based with support for Europe). This payment gateway Europe solution also offers fraud detection, data security features, and multi-currency support. As such, businesses operating in high-risk industries can benefit and accept USD as a currency.

 

High-Risk Merchant Account US vs High-Risk Merchant Account Europe

Accessibility

For international merchants, getting regular merchant account services in the US can take time and effort.

For businesses located in the US, acquiring banks spend plenty of time researching and checking them out before providing US high-risk accounts or high-risk merchant payment gateways.

However, offshore high-risk merchant accounts in Europe are often more flexible, and providers can occasionally be more lenient with their rules and regulations. This scenario makes a high-risk merchant account Europe provider more willing to work with high-risk international merchants.

Terminated merchants in the US can also get high-risk merchant EU accounts regardless of their poor credit card processing history.

Costs

Regarding discount rates, additional charges, gateway installation fees, and more, a high-risk merchant account in the US is cheaper than a high-risk merchant account in Europe.

The difference in pricing between US high-risk merchant accounts and European high-risk merchant accounts can be traced back to competition between credit card processors and acquiring banks. It is a development that has forcibly driven prices down.

For instance, if a few acquiring banks lower their credit card processing rates, others want to do the same to remain competitive.

There are only a few US-style payment processors for high-risk merchant accounts in Europe, so their prices are slightly higher.

However, it is important to note that there are some exceptions to the rule in terms of some EU banks offering to price merchants much lower than their US counterparts.

 

Who are the Best High-Risk Payment Processors Europe?

High-risk payment processors Europe are one of the most important components of the financial services industry in Europe, and SecureGlobalPay is leading the way.

These processors are responsible for processing customer payments and ensuring the transactions are secure and efficient. It is, therefore, essential to select the best high-risk payment processors Europe for your business.

The best high risk payment processors Europe offer various services to businesses of all sizes. These services include payment processing, fraud protection, merchant services, customer service, and more.

The most reliable and secure payment processors also offer competitive rates and fees, which can help reduce business costs. It is important to select a payment processor that is reliable, secure, and offers reasonable rates and fees.

A good option for lower-risk businesses looking for payment processors in Europe are payment aggregators. Payment aggregators are a  leading payment processor that offers services to businesses of all sizes. They offer a “one size fits all” for most low risk business types. These companies offer a range of fraud protection and customer service options, making them a great option for businesses outside the high-risk categories.

Stripe is an excellent option for lower-risk payment processors in Europe. The company is committed to providing secure and reliable payment solutions. They also offer a range of fraud protection and customer service options.

 

When to Apply for a High-Risk Merchant Account Europe

The best time to apply for a high risk merchant account Europe is now. A US high-risk merchant account might allow you to do business outside the country, but going this route often attracts high international transaction fees and unfriendly exchange rates.

With plenty of business potential coming from Europe, applying for an EU high-risk merchant account is something to check out.

Additionally, having a high-risk merchant account in Europe doubles as a smart way to have a backup high-risk merchant account in case something happens to your first account.

The essential features of a US high-risk merchant account and an EU high-risk merchant account are the same.

At the very least, you get a high-risk credit card processing payment gateway and in-built security parameters to protect your customer’s information from fraudsters.

 

3 Things to Have With Your High-Risk Merchant Account Europe Application

There are specific things that a high-risk merchant account Europe provider wants from you. Having these things handy when you put in your application quickens your EU high-risk merchant account approval process.

Credit Score

If you want to increase your approval odds, your credit processing history and personal credit score play vital roles.

A business credit score below 580 could be better and can sabotage your high-risk merchant account Europe application. To increase your chances of success, try repairing your credit before tendering your application.

Transaction History

Even as a merchant looking for a high-risk merchant account in Europe, you still pose a financial risk to an overseas payment processor.

One of the best ways to quell this fear is to present a 90-day credit card processing history that shows consistent sales and highlights your sales volume.

Fluctuations, no sales, high ticket sales, returns, and excessive chargebacks are always a concern a high-risk merchant account Europe providers.

Ensure you cover all these bases before putting in a high-risk merchant account Europe application.

Online Website

A high-risk merchant account Europe provider will take time to check out your site and what you offer.

Include a summary of your business with your high-risk merchant account Europe application.

In this vein, the provider understands your business, what you are selling, your pricing model, and all other essentials.

You should make your one-pager an easy read by summarizing only the vital points –short and sweet is always best.

 

3rd Party Payment Processor Vs High-Risk Merchant Account Europe

3rd party payment providers like Stripe and PayPal offer fast approvals for merchant accounts.

This means you can get your business up and running in minutes, even with no transaction history or bad credit.

Most of these 3rd party payment platforms need to be more friendly with high-risk merchants and raise eyebrows when sales volume surpasses $10,000 in a month, occasionally requesting rolling reserves and holdbacks on limited sales volumes.

They are not an ideal choice for international low-risk merchants. 3rd party processors only offer services in some countries, evident in a not-so-long list that includes some European countries.

Also, even if your merchant account is approved as a high-risk merchant, your business can be shut down at any minute and your funds frozen at any time by these 3rd party processors.

It is in your best interest to stop processing sales while your payment gateway is still operational and instead submit a high-risk merchant account Europe application.

 

What Company Provides the Best Low-Risk Merchant Account Europe?

When it comes to finding the best low risk merchant account Europe, there are many companies to choose from.

One option for businesses looking for the best merchant account Europe is Stripe. Stripe is a fast-growing payment platform that is used by millions of businesses around the world. It allows businesses to accept customer payments with various payment methods, including credit cards, debit cards, Apple Pay and Google Pay.

Braintree is another option for businesses looking for the best merchant account Europe and has a range of payment solutions. Braintree integrates with numerous popular e-commerce platforms, such as Shopify and WooCommerce, and provides a range of payment methods, including credit cards, debit cards, and PayPal.

However, if your company is particularly high-risk, these options will not work. High-risk businesses need high-risk processors with experience mitigating the risks and an understanding of the issues faced by the business owners. In this case, SecureGlobalPay may be a better choice long-term.

High-Risk Merchant Account Europe – Why Choose SecureGlobalPay

A high-risk merchant European account is something you should be considering if you are looking to leverage flexible rules and not overly strict regulations in a bid to enter new markets or expand your online business into other countries.

Unlike U.S. high-risk merchant account providers that question your eligibility simply because of the location of your business, European high-risk merchant account providers have solutions for your business. They are interested in partnering with you irrespective of your location.

European high-risk merchant accounts offer credit card processing facilities for risk payments to businesses worldwide.

It is best to work with an experienced and competent provider with a robust network of acquiring banks for various types of business. These acquiring banks must offer competitive, affordable, high-risk merchant account Europe services.

With SecureGlobalPay, you can get a reliable high-risk merchant account Europe payment gateway for your business.

Highlights of our high-risk merchant account Europe services include:

• No geographical location restrictions. It means you get an account regardless of where you run your business.
• Support payment processing for all mainstream companies, including MasterCard, Maestro, Visa, and JCB International.
• Serves a diversity of high-risk businesses, including adult toy merchants, attorneys, affiliate programs, and Internet service providers.
• We help merchants whittle down the risk of returns while also helping reduce fraud and chargebacks.
• PCI-compliant gateways are mandatory with our high-risk Europe merchant accounts. Our technical department can always help with integration and credit card processing problems.
• Virtual terminal services are available to our high-risk merchant account Europe holders. This feature allows merchants to accept payments via mail or phone orders.
• A high-risk merchant Europe account with SecureGlobalPay allows you to accept and process payments in more than 160 international currencies, including Euro, USD, and Pound Sterling.

 

Conclusion – SecureGlobalPay

Most US high-risk merchant accounts may provide the opportunity to accept some high-risk international payments, but this is not sustainable and can cause worry, especially if many of these sales come from high-risk countries.

If you have applied for a US high-risk merchant account and suffered rejection multiple times or ended up on the dreaded MATCH list– an offshore high-risk merchant account in Europe is the answer.

We have earned positive customer testimonials and look forward to serving many more.

By choosing us as your high-risk merchant account provider, rest assured that all your customers’ financial information is safe.

If you have applied for a US high-risk merchant account and suffered rejection multiple times or ended up on the dreaded MATCH list– an offshore high-risk merchant account in Europe is the answer.

We have earned positive customer testimonials and look forward to serving many more.

By choosing us as your high-risk merchant account provider, rest assured that all your customers’ financial information is safe.