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Ignatius O'Reilly · 10-13-2010, 11:07 PM

I realize it's difficult to set up a merchant account directly with an acquiring bank, but just how difficult? Can someone please explain which steps we should take. We have the financial resources here in Europe. That's not a problem, and if need be, we can set up a master merchant account. We just don't know which banks to approach as this isn't a "office front" business. Do we still need an underwriter? We'd like to avoid 3rd party solutions like Verotel as much as possible. Thanks.

10-13-2010, 11:07 PM
Ignatius O'Reilly Registered User Industry Role: Join Date: Oct 2010 Posts: 3	Newbie question about European merchant accounts I realize it's difficult to set up a merchant account directly with an acquiring bank, but just how difficult? Can someone please explain which steps we should take. We have the financial resources here in Europe. That's not a problem, and if need be, we can set up a master merchant account. We just don't know which banks to approach as this isn't a "office front" business. Do we still need an underwriter? We'd like to avoid 3rd party solutions like Verotel as much as possible. Thanks.