Merchant Accounts by ccNetPay

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E-Wallet Merchant Account / IPSP Account


E-Wallet/IPSP accounts fall into the special category of merchant accounts for businesses which are processing sales for 3rd party merchants/businesses and offer online credit card payments to their clients. If you are running an IPSP or an e-wallet and looking for a new account with low rates, multi-currency processing and all major cards acceptance, look no further!

Or if you would like to start a new business to become an IPSP and have a solid business plan in place, then we can arrange an all-in-one solution with a payment gateway, a direct merchant account based on a EU acquiring bank, with dynamic billing descriptor, and rates as low as 2.20%.


Requirements for an eWallet/IPSP account:
  • Description of the company’s target clients/sponsored merchants – merchant outlets
  • Copy of their standard contract and due diligence procedure between their company and their sponsored merchant – merchant outlet
  • Copy of their due diligence procedure
  • Company’s customer’s procedures and capability regarding ongoing website content management/monitoring
  • Who or what is the company using for risk management?
  • What are the company policies regarding website content, we require a copy
  • Number of people on the compliancy and risk department
  • The company’s or related investor’s history and/or procedures regarding working with official authorities to actively fight against children or violent pornography or any other excessively vulgar and unacceptable material?
  • Copy of a bank account statement of the account where the funds will be settled and where is their bank located (country)
  • Frequency of settlements to the sponsored merchants
  • Presentation which exactly explains the business model that the eWallet will be deploying, including background and overview of all the involved persons/companies and investors
  • Copy of the level 1 PCI certificate of the company’s gateway, if applicable otherwise we need to receive their latest Self Scan Assessment Report?
  • Example of the company’s check-out/payment page that they will be using
  • Most recent financial statements
  • Chart of all the companies involved, including the overlying company. (The Ultimate Beneficial Owner(s) needs to be identified)
  • Country where the company is regulated together with a copy of the company’s license (eWallet requirement. Not applicable for IPSP application)
  • Filled out spreadsheet “sponsored merchant overview”. For the application process, we just require the URL’s of the sponsored merchants.

Please note that all ISPS/MSP/e-Wallets should be aware about:

  • Both Visa and MasterCard are assessing large fines for illegal content or copyright infringement
  • Download sites - these sites must have legal licensing from the producers (i.e., music/movie downloads)



Get started today and fill out the application: [ APPLY FOR AN IPSP MERCHANT ACCOUNT ]
Get an Express Quote:
Your Name:
Your E-mail:
Your URL:
Monthly Volume:
 
United States
Direct Merchant Account in EU or UK
+ Gateway, API, Virtual Terminal, Multi-Currency
LOW RISK
1.95%
MID RISK
2.35%
HIGH RISK
2.75%
* Typical rates with 100k EUR domestic volume per month
Verified By Visa / MC SecureCode
Verified By Visa / MC SecureCode
 
 
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Contact Info:
UK Office HQ Office UK: +44 _(0)20 3195 3835
Fax: +44 (0)20 7566 3935
Direct: +386 40 230 275
Email: info @ ccnetpay.com
Skype: ccnetpay [Chat Now]
ccNetPay
152 City Road
London EC1V 2NX
United Kingdom
Teranet d.o.o.
Lendavska 45 A
9000 Murska Sobota
Slovenia
ccNetPay is a division of Teranet d.o.o., company registration #3708411000, EU VAT #SI24786039
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