Verotel is a leading Internet Payment Service Provider (IPSP) that specializes in online credit card processing for high-risk businesses, particularly in the entertainment industry. Since its establishment in 1998, Verotel has been instrumental in helping over 50,000 webmasters build their online businesses. They offer a comprehensive range of services, including cash withdrawals and deposits, cash payment options for bills and online purchases, and more. Verotel is recognized as the first high-risk payment processor to be awarded the official Electronic Money Institute status, ensuring the safety and security of processed money. As an Electronic Money Institute, funds are held in a third-party escrow account, subject to European governmental regulations, further enhancing their trustworthiness in the industry.

• Year Founded: Verotel was founded in 1998.
• CEO: The CEO of Verotel is Joost Zuurbier.
• Headquarters: The headquarters of Verotel is located in Amsterdam, Netherlands.

Why choose Verotel?

1. Verotel is a reliable payment processing solution for high-risk businesses.
2. They specialize in payment processing for offshore clients in subscription-based or adult content industries.
3. Verotel provides a PCI compliant solution.
4. Verotel is the first high-risk payment processor awarded with the official Electronic Money Institute status.
5. As an Electronic Money Institute, your money is held in a third-party escrow account, which is subject to European governmental regulations.
6. With no setup fee, monthly fee, or early termination fee on a month-to-month contract basis, Verotel offers flexibility to its clients.
7. They provide live online and domestic phone support during regular business hours for customer assistance.