Cross-border acquiring
If your business operates in more than one
European country, you can avoid the complexity and expense
of setting up contracts with acquiring banks for each
country by choosing a cross-border acquirer.
Cross-border acquirers are banks or organisations that enable
you to accept Visa cards in up to 34 European countries - with
a single contract.
The benefits of cross-border acquiring are:
- Streamlined operations: This type of
centralised acquiring means there is no need for separate terms of
business, separate settlement periods and complicated
behind-the-scenes reconciliation. It streamlines your operations
and saves you administrative costs.
- Increased choice: Using a cross-border
acquirer means you can choose an acquiring bank outside your
domestic market – giving you more choice and commercial
freedom. This could be particularly useful if you need
an acquiring bank with specialist services or expertise
that you can’t find in your own market.
More information
Contact your acquiring bank to find out more about cross-border
acquiring services.