13/06/2019 Other Services
Merchants from all across the European Union can sign up with Credit Card processing companies located anywhere in the EU and EEA. This is a unique advantage for European business owners. Many of the European payment gateway companies provide multi-currency payment processing solution. These solutions also offer the ability to process alternative mode of payments. Most of the processing companies and acquiring Institutions are well connected with the Global network of banks. This allows businesses to accept payments from not only the European Union but also from other parts of the world, including North America, South America, Africa, and Asia. When you approach a payment gateway provider for a merchant account, you should look at a few critical factors. The most crucial factor is the tenure of the service provider. You should ask the processing company how many years they have been in business. It would help if you also asked them what the uptime ratio is. After these two factors, you should ask the processing company about the rate of the transaction. Many processors would be comfortable offering interchange plus pricing. It's always lovely to work on interchange plus pricing model as you will know how much you are paying for each card type.