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Payment Processor (easy going) BVI digital services for startup (test water).

wellington

Mentor Group Gold
Nov 14, 2020
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Any recommendations for a payment processor for a BVI company?
Startup, early days been putting together over the past little while.
It's testing the water, so not actually bothered about withdrawing revenues and would prefer to not have to go through heaps of paperwork.
Would need to be able to accept fiat (cards) charges low value <-1000 Euro in value/$ etc.
Funds can sit in the platform if that helps, as mentioned early days and want to see if it can get market fit.

Before deciding what to do with the 'little project' (hobby), digital services related.
 
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Reactions: Marios
If you can provide a local director and real address both in BVI for this company you may have slight chances to get a payment processor for your project.
 
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Reactions: wellington
There are some of the payment processors who actually accept BVI companies, the one suggested above is one of them. However, from my experience, I got ton's of questions and forms to be completed. Beside that they restricted the amount to be processed for the first 2 months! It's hard to work with.