JOHNNY DOETHE LIFE WHISPERER

POS device for high risk business in EU

tataka10

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tataka10New MemberAuthor
Joined
May 2017
Messages
9

#1

Hi all, I need a good solution for receive card payments by POS(physically) in UK.. I want to set up a high risk business(Escort) but register the company as legit business just for use POS device as normal and off course not pay much tax.. I was thinking in a Cyprus company + myPOS.eu(They will send me a POS device to Cyprus and then I can forwarding to UK) as in the website say that I can use the device any place in Europe(like mobile business).. I thinking in Cyprus because in UK is too difficult to keep a business without shut down by banks and thinking in myPOS.eu because is coming with IBAN so I don't need bank, what do you think guys? any suggestion? any other POS solution? any experience with myPOS.eu? any other structure more cheap than this I'm little worry because myPOS is the same Leupay.eu company.. and I read that leupay start sucks verification. Please guys help me with a clever answer, I want to be 100% sure to do it as is a lot money to open a Cyprus company.

Thank you

diabloRecognized Voice
Joined
Feb 2017
Messages
881

#2

Since you are banned this seems not to be valid for you any longer! However, maybe someone else need the information and is looking for answers :)

You can ask your Merchant account provider, such as WireCard or instabill if they will give you a Virtual Terminal to take phone orders, or CNP (Card not present) orders! Depending on your business model they may do it as long as you keep the CB rate below the magical 1% ;)

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