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10-13-2010, 11:07 PM
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#1 |
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Registered User
Industry Role:
Join Date: Oct 2010
Posts: 3
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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.
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10-24-2010, 01:40 AM
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#2 |
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Confirmed User
Industry Role:
Join Date: Feb 2004
Location: Working
Posts: 871
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You have to talk to a bank in your country
Every bank and country has their own legal requirements, especially with regard to adult processing because it is consider "high risk" |
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