MERCHANT ACCOUNTS

 

CREDIT CARD PROCESSING
SPECIAL AND RISK TRANSACTIONS

 

MERCHANT ACCOUNTS
Are you interested in processing credit cards?
Are you a high volume merchant?
Are you looking for an easy to use online shopping cart and a virtual terminal?
Through our providers and merchant account partners (Financial Institutions you will be directly dealing with) we are able to procure the best rates.
We work with reputable top Spanish merchant banks.
Low discount rates and quick payment.

HOW WE CAN HELP YOU
Providing merchant accounts, credit card processing, Internet billing, complete with free web gateway software and free corporate account for International and domestic companies, including gaming, adult web sites and ALL online businesses, including telemarketing, travel and pharmaceuticals, in a tax-free environment.

Doing business on the Internet means finding a secure, cost-effective and reliable way to collect payment and process credit card transactions.

Due to the increased merchant controls, many other merchant account providers are unable to provide merchants with the facilities they need to process credit cards.

We specialize in quickly setting clients up so that you can start transacting business quickly, by providing secure and reliable payment processing and project a professional image with your own merchant account and payment gateway.

PAYMENT PROCESSING
With your own merchant account, the customer never leaves your site. Payment processing is performed using your secure payment gateway and communicates with their verification system to complete the transaction in a matter of seconds.
We offer reliable, cost-effective merchant account and payment gateway services through our Internet service partner.

ADULT CONTENT AND ONLINE CASINOS ACCEPTABLE
We can help you open a corporate bank and merchant account in Spain, Barcelona, with a prime bank we have protocol with (directly – no agents or intermediaries as processors), that will accept you as a client for your online sales; you just need to incorporate a company in Spain, a SL company, or at any of the following jurisdictions, once this bank is duly licensed for following cross-border areas:

CROSS BOARDER AREAS

MasterCard (Central acquiring license)
Andorra, Austria, Belgium, Bulgaria, Estonia, Channel Islands, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Isle f Man, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, The Netherlands, Norway, Portugal, Poland, Republic of Ireland, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom and Vatican City.
Visa (Cross-border license)
Andorra, Austria, Belgium, Cyprus, Czech Republic, Denmark, Estonia, Faeroe Islands, Finland, France, Germany, Gibraltar, Greece, Greenland, Hungary, Iceland, Ireland, Israel, Italy, Latvia, Lithuania, Luxemburg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey and United Kingdom.
JCB (directly with bank)
Worldwide

LEGAL REQUIREMENTS
Certified and apostilled copies of all company’s statutory documents, and Powers of Attorney in case of using Nominees for this incorporation), all translated into the Spanish language, including certified copies of passports of the company’s director or attorney.

Contract signed between the Company and the Bank, according to VISA and MASTERCARD normative.

Our services will include the costs relating to the incorporation of the Company at the suitable jurisdiction (within the list above, and under a favourable tax environment), eventually Nominee services if required, plus our introduction and all charges relating the IPSP contract itself with the bank. Please contact us for further information.

TRANSACTION FEES
Standard fee is 3,50 % of transaction amount, for high-risk operations; and 3,00 % of transaction amount for no high-risk operation.

Depending on the volumes of transactions, in terms of annual amounts, for clients with high volumes these rates can be reduced respectively to 3% and 2,75 %.

TERMS AND OPERATIONALITY
The Bank usually credits the client’s account for 100% of the transaction less the agreed transaction rate.

Initially they hold into account the whole amount of transactions relating the first initial 45 days. In principle we recommend and we prefer that no client, even if highly potential, process not more than a 5 or 10% of what he really is going to process, and thus will not have a large quantity blocked during those 45 days, to enable the Bank to evaluate how things move and also the level of incidents generated.

After these 45 days experiment period, where the Bank shall be able to verify the degree of average incidents generated by “charge-backs”, fraud and petitions of photocopy) if there is no motive of "complaint", they will pass to retain only the 10% of the billing of the last 6 months. With a stable invoicing it means the billing of the last 18 days (6 months * 10% = 60% of the monthly billing = 60% * 30 days = 18 days of billing) approximately.

CURRENT TRANSACTION CURRENCIES
US$, EURO, GBP and JANPANESE YENE
Should you need any further information about our Merchant Account and Corporate Services please do not hesitate to contact us.