First thoughts surrounding processing, is if you want to accept credit card payments on your shop, project etc. There will be costs associated with it, the major card networks (Visa, Mastercard, Discover, og American Express) will charge interchange fees in order for you to utilize their network and the Merchant Service Providers (MSPs) charge processing fees. (Refund, Chargeback, Transaction costs) in order for you as a client to connect the card issuing bank to the acquiring bank via payment processors.
Main thing that surrounds high risk is the commonality of a høj risiko indløseraftale getting chargebacks and fraud. Which is also why the different banks and processors require a reserve (Usually 10% for 180 days). They then charge you above intercharge as well as higher overall cost which is determined by business, industry and country.
Also read: High Risk VS Low Risk
The processor and the merchant account provider takes on the biggest responsibility considering the risk involving setting up mids in industries that is more prone to get chargebacks. This will then justify them to charge above the interchange to minimize the risk on their end and make the solution theseable.
We have now provided you with a overview of what a høj risiko indløseraftale is, but wait! There is more, so let’s go a little deeper and examine how MSPs determine your business’ risk level.
You can compare the situation of applying for mids with applying for a morgage or a loan. Because much like with them you have to go through a underwriting team who evaluates your business and your project. They will evaluate you on plural parameters and when applying for a merchant account you need to make your case look attractive. Some parameters are:
Again different parameters helps you more than others and scenarios change with whatever is submitted in subject to being provided with a merchant account.
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ronald balvert
Hi, I am looking for a payment provider and want to be able to receive payments for :
Ideal
Bancontact
Sofort
Direct bank transfer
and when possible bitcoin
As I know for my business is near impossible to receive credit card payments or Paypal I only looking for the above options as my current provider (based also in the Netherlands) changed their policy and after working for 7 months together they cannot offer me their services anymore. I hope you maybe have a solution for me. Through this options I currently process around 15.000 to 20.000 euro a month.
Looking forward to your reply.
Kind regards,
Ronald