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View Full Version : Payment processor for 100,000 EUR per month - Services criteria


smartvpn
12-03-2006, 04:07 PM
Hi Everyone!

After occasion with volpay we'd like to continue providing our traffic enrcyption services (VPN). Can anybody recommend a stable PSP who can provide Direct MID and weekly payouts ? We run service subscription not software or any digital delivery.

Thanks in advance !

bluedreamer
12-03-2006, 04:12 PM
http://www.worldpay.co.uk/ are very stable and offer subscription billing.

smartvpn
12-03-2006, 04:30 PM
Thanks for an update , but Worldpay require bank account in the country of Incorporation. We are European incorporated in UK, bank account in Cyprus.

lxserverdirect
12-03-2006, 05:00 PM
I think your find worldpay holds funds in advance and have a 30day release hold on it thanks,

Corey Bryant
12-03-2006, 05:22 PM
Did you check out Barclay's, HSBC, and maybe what the gateway Protx can help you out with?

DATARTIM
12-03-2006, 05:47 PM
Thanks for an update , but Worldpay require bank account in the country of Incorporation. We are European incorporated in UK, bank account in Cyprus.


All the Banks will require that,just open an account here in the Uk, and by the way if you are incorporate in the uk, You are a UK company not European. I suggest checking the big banks.

Good Luck.

smartvpn
12-03-2006, 06:24 PM
Thank you ALL for replies !

I'm the director and shareholder of the UK company. However, I'm not a UK resident or citizen. I'm the resident of another EU country.

And I tried to contact Barclay bank. But VPN with traffic encryption tunneling is new criteria of service and I discovered that bank prefer to deal with big customers over 100k per month and acquainted for the bank.

AmiroPay
12-03-2006, 11:03 PM
What kind of rates/fees are you comfortable paying for this? (if you do not mind me asking).

smartvpn
12-04-2006, 06:41 AM
4-6% will be ok for us. The main idea to get Direct MID for our service.

Miklo
12-05-2006, 04:53 AM
Do you also have a registered business in the European country where you live?
You have several options for a direct merchant accounts, such as MetaCharge, MultiCards, Ogone, ChronoPay and probably lots more.

Downside is that banks usually not allow applications that have a registered business in one country and bank accounts in another country or at least will ask a full explanation on the reasons why behind it.

energy
12-05-2006, 06:51 PM
4-6% will be ok for us. The main idea to get Direct MID for our service.

That's doable.
Having a bank account in a different country is not unusual.

What's your website address?

jenstone
12-07-2006, 06:05 AM
try Safecharge maybe they can help you out