Verotel

FOR IMMEDIATE RELEASE Amsterdam, Netherland (March 1st, 2019) – Verotel is a company with a longstanding history as an Internet Payment Service Provider (IPSP) established in 1998 that offers secure and compliant online payment processing for high-risk merchants, subscription websites, and entertainment services. What stands for over 20 years provides, online merchants like you can accept credit card and alternative payments as well as sell online with Verotel’s Payment Services and Gateway.

About Verotel

Based in Amsterdam, Netherlands, Verotel offers industry specific payment solutions including high-risk merchants who have difficulty finding and maintaining a merchant account with traditional banks. Its features include one-time and subscription billing, flexible payout scheduling, as well as fraud prevention tools which allow companies to secure and manage their revenue.

It’s verotelThe passage of known fraud from account to account, or user to user does nothing but waste time and stress people out, as long as the money is in a verified “someone lost their mind” file (and the transaction didn’t involve kiddyporn).Verotel’s system is certified for VISA and MasterCard transactions with structurally higher chargeback-tolerance-standards.The company has been processing payments for high risk merchants for over 25 years – one of the oldest payment service experts available.

Core Services

• High Risk Merchant Accounts: Safe payment processing for entertainment, digital goods and subscription services.
• Payment Gateway Integration: Easy website and membership platform APIs, with real-time transaction tracking.
• Recurring Payments and Subscription Management:Automate collections of recurring payments from customers with custom billing cycles.
• Multi-Currency Processing: Receive all the main currencies of the world such as USD, EUR & GBP.
• Fraud & Chargeback Management: Controls to help minimize disputes, and stay within the guidelines.
• Payouts & Lineup Reports: Weekly and instantaneous payouts along with line-up and transaction reports.

Pricing Overview

(Official Verotel price chart)

• Basic Account: 15.5% to — per transaction (flat rate).
• Premium Account: > 13.5%, reduced with higher weekly volumes (down to 13.0% at €40,000+).
• Recurring transactions: Base rate of exchange + 1.5% service charge.
• Rolling Reserve: 10% for six months.
• Weekly Minimum Fee: €25 if volume < €1,000 (Premium only),.
• Chargeback Surcharge: +2.5% on chargeback ratio over 1%.

These words are a testament to Verotel’s expertise in high-risk sectors, ensuring that you get the best deal when you want reliable and accessible payments worldwide.

Why Choose Verotel?

Processor for Proven High-Risk: Over 25 years of processing risky (E. g CDs from China) transactions as well subscription-based ones.

Transparent Business Model: With our transparent rate cards covering all fees involved up front, the customer is left to focus on their needs alone.

Specialist in: We is perfect for monthly subscriptions and membership services. Want something to sell 365 days a year?

Global Coverage: Take payments in different currencies & have cards from around the world.

Secure & Compliance: PCI DSS compliant with fraud prevention and dispute management.

Who Should Use Verotel?

Verotel is best suited for:

• Adult entertainment platforms
• Subscription-based websites
• Digital content providers
• Live entertainment and streaming services
• Other high-risk merchants who need cross-border processing.

Transparency & Caution

As a long-time licensed IPSP, Verotel’s services are ideal for high-risk industries and not suitable for typical e-commerce. Pricing, Rolling Reserve and Chargeback Policies Before taking on new business businesses should sharply focus on pricing, rolling reserve and chargeback policy.

Key Facts

• Founded: 1998
• Headquarters: Amsterdam, Netherlands
• Category: Internet Payment Service Provider (IPSP)
• Certification: PCI DSS | Certified by Visa & Mastercard
• Principal Services: Credit card processing, repeat billing, payment gateway

Official Website

verotel.com

Social Link

FAQs

1. What is Verotel?

Greater Vancouver-based Internet Service Payment Provider (IPSP) Verotel provides Durable Subscription Management and Clearing services for ‘card-not-present’ merchants, including subscription, pay per download, pay per view and other card-absent businesses.

2. Who can use Verotel’s services?

High-Risk Individuals: Verotel offers service to high-risk merchants, such as porn sites, digital content online stores, and subscription-based services.

3. What are Verotel’s transaction fees?

All Basic accounts pay in for a 15.5% charge per transaction, while Premium account holders start at 13.5%, and further discounts are given according to their transaction volume level.

4. Does Verotel support recurring billing?

Yes. Verotel offers automated recurring billing for subscriptions, memberships and all other recurring payment solutions.

5. How does Verotel manage chargebacks?

Verotel monitors true chargeback ratios, and if a merchant goes over 1% in a given month, they are hit with an additional surcharge of 2.5% to cover that risk.