JOHNNY DOETHE LIFE WHISPERER

Reaching out directly to acquiring bank. Anyone done it?

hunterbidenx

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hunterbidenxNew MemberAuthor
Joined
Feb 2023
Messages
7

#1

Has anyone ever done business directly with an acquiring bank to process payments?

SolsOffshoreCorpTalk moderator
Joined
May 2019
Messages
6,542

#2

Yes, several times. What are you looking for?

In many parts of the world, acquirers don't have to be banks. Adyen, WorldPay, and Nuvei are examples of acquirers that you can work with directly and which aren't banks.

hunterbidenxNew MemberAuthor
Joined
Feb 2023
Messages
7

#3

Would need one compatible with high risk verticals

uplanaFake user - Alias of JohnLocke
Joined
Apr 2009
Messages
2,704

#4

hunterbidenx said:

Would need one compatible with high risk verticals

That is going to be challenging, really, it will be up the hills and you will need some really good case in order to get approved.

VESTANONRecognized Voice
Joined
Aug 2020
Messages
815

#5

@OP
you would need a Mid, most acquirers proceed positively, when a Mid resides within the required jursidiction and same proximity.

where intended merchant acquiring onboarding would activated as well readily available docs,pre-verification needs, banking checks and DD etc.

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