Client Specific

Merchant Services

Our experts can help you find a more suitable payment processing solution. Merchant account providers are constantly balancing their risk, therefore pull away from industries if they have too many clients at the top of their risk appetite.

Are you a crypto exchange, high risk business, OTC trading desk or MSB? Petro Atlantic has a panel of acquirers that will support all business types.

Mission

What categorizes a merchant as high risk besides MCC codes? It is based on many factors such as :
product sold, company location, straight-sale/webshop or recurring, Card not present.
If risk of chargebacks is high, which for most acquirers means above 2% even though some merchants have very low disputes but still counts as high risk category.

Alternative Payments

Petro Atlantic can offer payment processing for merchants in most currencies, as well as crypto. Our fully automated solution include support for open banking, where a customer can automatically authorise a payment via their own E banking app, then the funds are transferred to the merchant account. Settlement can be made in major and alternative currencies.

Guidance for Companies

Here is a brief overview of documents needed to ensure approval according to our banks requirements. Please be aware that further documents are needed for certain industries. We will minimise the onboarding process as much as we can

Company Requirements: Company incorporation certificates, bank statements, I.D for Directors and shareholders, proof of domain ownership, AML documentation, complaint handbook

Website requirements: SSL secure payment page for online sale, terms & conditions, privacy policy, customer service contact details, refund policy

Evidence of Trade: License or supplier agreements, proof of current processing history, PCI self assessment questionnaire, previous chargeback and refunds statements

SSL Secured Payment Page for online sales (All checkout pages)

SSL Secured Payment Page for online sales (All checkout pages)

SSL Secured Payment Page for online sales (All checkout pages)