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Cryptocurrency Processing

BEST SERVICES OF CRYPTO MERCHANT ACCOUNTS AND CREDIT CARD PROCESSING – PUREPAY

Cryptocurrency Payment Processing has been in the limelight for quite a while. Although the decentralized currency concept did not have much success in the past, it is regaining popularity with Facebook’s announcement to release Libra.
 
  • Exchange EXCHANGE

  • gamblers GAMBLING

  • NFT NFT
  • currencies CURRENCIES
 
  • OTC OTC
  • wallet Wallet

Our clients

PUREPAY CRYPTO PROCESSING DETAILS

Fees that PurePay will charge depend on factors like processing history, method of sales, destination countries, volume of sales, and products. All Crypto Accounts are unique but included terms stay the same for most: merchant discount rate (MDR), transaction fees, monthly gateway fee, 4.5-6 month rolling reserve, chargeback fee, refund fee

MDR

from 1.95%

Setup Fee

from €0

Monthly Fee

€49.95

TRANSACTION FEE

from €0.15

AUTHORISATION FEE

€0.30

WIRE FEE

€5

CHARGEBACK FEE

€35

REFUND FEE

from €0.30

OCT FEE

from €0.5

ROLLING RESERVE HOLD

from 0%

ROLLING RESERVE

from 0 days

PAYOUT TERM

from daily +3

The main things that impact the quote are the level of revenues that you get and whether you have documented sales history of over 3 months.

Yes, but it all comes down to the precise business model and volumes involved.

You can sell to all countries as long as you have legal opinion letters and the country is not on the OFAC list.

List can be found here

Yes, you need a legal opinion letter per country you want to sell to which is determined by the card schemes. Some acquirers do obtain these on your behalf which can help start-ups.

Yes, we will contact you (usually within 6 working hours) with a custom offer if your monthly revenues exceed 250 000 euro and/or if you have history of longer than 3 months.

Get your no obligation quote from PurePay.

We will get it back to you within 12 hours with a quote based on your information.


Cryptocurrency Payment Processing

 
 

Cryptocurrency Merchant Accounts

 

Cryptocurrency Payment Processing has been in the limelight for quite a while. Although the decentralized currency concept did not have much success in the past, it is regaining popularity with Facebook’s announcement to release Libra (Now known as Diem).

 

Future of cryptocurrency

With no central body to control the flow of the money, the cryptocurrency is solely driven by the market. Thus, it is becoming a choice of the people since no external force can illegally manipulate the market for their own benefit. Hence, people are accepting cryptocurrency and it is a matter of time when political powers adapt to this rising demand.

Merchant accounts for Cryptocurrency payment processing is a focus of PurePay. Furthermore, we can help you find the right bank and the right terms needed to get your credit card processing.

How do I get Cryptocurrency Merchant Accounts?

PurePay provides Cryptocurrency merchant accounts for e-commerce merchants with the best terms on the market and we ensure you get a bank specializing and understanding high-risk industries. So, call us today if interested in getting Cryptocurrency merchant accounts at + 00 44 20 80 89 83 35, or simply click the links below to get started.
PurePay’s solution is available for e-commerce businesses, offline businesses and more.

Why is cryptocurrency defined as high risk?

Although the preference for the cryptocurrency is increasing, past incidences have not been very encouraging. In the era of Bitcoin, cryptocurrency has seen the peak and also the lowest point. Thus, with the introduction of another cryptocurrency like Libra, as much as people are excited, it gives rise to many speculations as well. Nonetheless, virtual money is taking over our lives slowly. Therefore, our demand for non-centralized money will keep on increasing.

 

What costs do you have associated with your Cryptocurrency Merchant Accounts?

Fees that PurePay will charge on Cryptocurrency Processing depends on factors like Processing history, method of sales, Countries, Volume of sales, and products. In addition, all merchant accounts are unique but included terms stays the same for most

  • Merchant Discount Rate
  • Transaction fees
  • Monthly gateway fee
  • Zero – Six-month rolling reserve (Depending on bank and risk exposure)
  • Chargeback fee
  • Refund fee
In order to obtain prices for your project, contact us today and we will quote you.
 
 
 

What is Cryptocurrency?

Cryptocurrency is a form of virtual money. Unlike traditional currency, it is not controlled by any central body. The market drives the prices as per the need. You also do not need to wait for the central bank to print money! The currency demand is met through the generation of money through the blockchain technology.

 

Benefits of cryptocurrency

Cryptocurrency can make your business run faster! Imagine having all your payments received through digital cash. Among its major benefits are:

  • Low chances of fraud
  • Immediate settlement of dispute
  • Lower transaction fees
  • Low risk of identity theft
  • Easily accessible
  • Decentralized currency
  • Rising recognition

The benefits are evolving every other day with people realizing how cryptocurrency is making our lives easier in terms of payment. Above all, the decentralization of the currency gives people a sense of freedom and unity under a single currency.

 

PurePay as your partner

In conclusion, now that you have a clear understanding of not only what cryptocurrency is and why it is a high risk, you now understand why PurePay is your best choice to help you. We understand your needs and business like no other and we will work 24/7 for you and get you the best terms. After that, why wait? So get in touch with us today!

 

REQUIREMENTS

  • Incorporation Certificate.
  • Memorandum & Articles of Incorporation.
  • Color Passport for UBO / Shareholders / Directors.
  • Office Lease Agreement signed by both parties. Or Rental Invoice under company’s name – not older than 90 days from the date of application.
  • Business Bank Statement under company’s name and present address, showing IBAN and SWIFT – not older than 90 days from the date of application and for the last three concecutive months.
  • If Processing History is available for latest 3-6 months from the date of application – under company’s name, showing processor’s name/logo, sales, refunds, and chargebacks for each month separately.
  • If Processing History is unavailable then detailed business plan and cashflow forecast for minimum of one fiscal year. Get it here
  • Utility Bill [electricity / gas / water / rental / tax bill] from UBO / Shareholders / Directors under their name and present address – not older than 90 days from the date of application.
  • Proof of domain under company’s name, showing applying URL and date of domain renewal / expiry – preferably domain purchase receipt.
  • Local signatory is a requirement for this vertical, therefore KYC from local signatory is needed.
  • Cryptocurrency license.
  • Wallet IDs for Exchanges.
  • AML and KYC policies.
  • Test user logins.