Payment processing for BVI Ecommerce company

[ace543]

Hello everyone. I want to thank you guys for all the great information that is contributed here. Maybe you can help me to find a solution for my problem.

I own a BVI based ecommerce company selling digital products. I need to find a merchant account or equivalent online service like 2Checkout or something else. I am a US citizen currently living in Asia.

I have contacted many banks and processors for a solution with mixed results. Does anyone here have experience with something like this, or any advice you can provide?

 

[JohnLocke]

In the past it was not a problem to contact a few EU merchant account providers to get a processing agreement, have your tried with GlobalCollect which is Ingenico Group - Global eCommerce - Ingenico ePayments today. They have a huge network to look into.

 

[ace543]

In the past it was not a problem to contact a few EU merchant account providers to get a processing agreement, have your tried with GlobalCollect which is Ingenico Group - Global eCommerce - Ingenico ePayments today. They have a huge network to look into.

I have not tried them but I will look into that, thank you.

So far I have had favorable replies from Cardz3n, 2Checkout, and a few others. It seems that online payment processors are more open to offshore business than the banks themselves.

 

[Spinat]

have you tried Chinese processor? the only problem is high rate.

pretty risky with the chinese processors, so far only seen scams or trouble to pay EU citizens.

 

[sonato]

Good alternatives are:
Smart2Pay.com

European Payment Processing | DirectPayEU

DirectPay EU is a low-risk method to bill European customers and a great alternative to credit card processing.

www.directpayeu.com

Nexway | Accelerate Your Digital Transformation

Partner with Nexway, a 20+ year eCommerce leader, for global growth. Explore subscription management, payments, fraud prevention, and more.

www.nexway.com

Clearhaus | Simple, Secure Merchant Acquiring Services

Clearhaus makes it easy for online shops to accept credit card and mobile payments. Sign up now and get your merchant account in just 1-3 days.

www.clearhaus.com

All of them are good in what you say payment processing. Looking inside the mentor group for the first time I see they have listed lots of good other payment processors also accepting high risk business.

 

[ace543]

have you tried Chinese processor? the only problem is high rate.

I have not contacted any Chinese processors. If one came recommended I would reach out, but I am skeptical of dealing with Chinese companies.

Good alternatives are:
Smart2Pay.com

European Payment Processing | DirectPayEU

DirectPay EU is a low-risk method to bill European customers and a great alternative to credit card processing.

www.directpayeu.com

Nexway | Accelerate Your Digital Transformation

Partner with Nexway, a 20+ year eCommerce leader, for global growth. Explore subscription management, payments, fraud prevention, and more.

www.nexway.com

Clearhaus | Simple, Secure Merchant Acquiring Services

Clearhaus makes it easy for online shops to accept credit card and mobile payments. Sign up now and get your merchant account in just 1-3 days.

www.clearhaus.com

All of them are good in what you say payment processing. Looking inside the mentor group for the first time I see they have listed lots of good other payment processors also accepting high risk business.

I will contact these companies and report back. Thank you for that!

 

[sdip]

you can use stripe.com has integration with different platforms magento, woocommerce, prestashop, and manages subscription management

 

[ace543]

you can use stripe.com has integration with different platforms magento, woocommerce, prestashop, and manages subscription management

Stripe actually denied me saying they don't work with BVI based companies.

 

[sdip]

Maybe open an offshort in Cyprus or some convenient country where Stripe operates, in my case I am from Argentina and I opened an LLC in the US to be able to operate with Stripe I dedicate myself to Saas with Wordpress and Woocommerce