Affordable Payment Gateway in Austria
Do you need a payment gateway that is affordable and comes with world-class features? Look no further; QuadraPay is your partner and will assist you in securing an excellent payment gateway in Austria. Our merchant services solutions include payment processing for e-commerce websites, and virtual terminal solutions for businesses that require accepting payments over the phone. Let us look at these services in detail and how they can benefit your business.
E-Commerce Credit Card Processing In Austria
With our e-commerce credit card processing services, businesses in Austria can accept payments from customers across the world. Merchants can easily integrate the payment gateway into their e-commerce website or mobile application and offer an excellent transaction processing experience to their customers. Our payment gateway supports multiple currencies and comes with a built-in dynamic currency conversion feature.
Virtual Terminal Services In Austria
With our virtual terminal solutions, businesses can accept payments from customers by collecting details over the phone or via mail orders. This payment processing solution is generally required by businesses that operate an inbound call center where customers call to make payments for products or services. Some of the industries that predominantly use virtual terminal services include insurance, utilities, education, and collection agencies.
High-Risk Merchant Accounts in Austria
In Austria, businesses operating in certain industries face challenges in obtaining regular merchant accounts and payment gateways. These industries include gaming, nutraceuticals, CBD, and travel. They are generally termed as high-risk due to high chargebacks, regulatory scrutiny, and the potential for reputational risk.
QuadraPay specializes in providing credit card processing solutions to compliant high-risk businesses from various industries. We have established a large network that allows us to approach various payment processors that work with high risk businesses in Austria.
Our high-risk processing partners fully understand the transaction processing behavior of merchants from these industries and implement the required tools to reduce risk. The solutions are available to businesses in Austria at economical pricing. Ask us today for more details.
KYC Requirements For Merchant Account In Austria
Our services are offered in association with our partner processors in the European Union. For the approval of the account they check the KYC documents of the merchant. This document includes collecting KYC from the merchants to evaluate the account approval and then come to a decision. These include the business license, utility bills, bank account proof, previous processing statements, domain registration receipts, and any other licenses that may be required. These additional licenses are generally required for merchants operating in high-risk sectors like competition, forex, and prop trading.
Benefits of QuadraPay’s Payment Gateway Solutions
Our payment gateway solution offers numerous benefits to businesses in Austria. The gateway includes a high uptime and built-in fraud detection tools, providing stability and security. The multi-currency support allows businesses based in Austria to accept payments from customers across Europe and many other parts of the world. Our solutions are highly scalable; startups can start with a basic solution and as they grow, the solution can scale to handle increased volume requirements. The detailed merchant account panel gives a clear picture of the transaction processing snapshot for the merchant account.
By choosing our payment gateway solution in Austria, you will have access to a reliable and secure transaction processing solution that will help you enhance your business operations and improve the customer experience.
Our advanced payment gateway solutions are built for the unique needs of businesses from various industries with operations both locally in Austria and across the world. Ask us today for a zero-obligation quote and savings analysis for merchant account and payment gateway services in Austria.
FAQ Payment Gateway In Austria
How do I integrate your payment gateway with Austrian bank accounts?
You do not have to worry about integrating the payment gateway with your Austrian bank account. When you apply for a merchant solution with us, our payment processing partner will request your bank details. This bank account will be connected to your merchant account, and any settlement moving from the merchant account will be directly transferred to the Austrian bank account you mentioned on the application form. In the future, if you want to change the bank account, it is also possible. However, the new bank account must be in the name of the same company and the same business entity within the same jurisdiction.
What are the transaction fees for Austrian merchants?
Our processing solutions for merchants in Austria come with transparent pricing. These are primarily based on an interchange pricing model. For delivering services, our processing partner will charge a small margin on top of the basic interchange fees. The interchange fee varies depending on the card type used by the customer. If a customer uses a consumer card, the merchant pays less, while if the customer uses a business card, the merchant pays more. Transaction fees also vary based on where the card is issued. If the card is issued from the same region, the charges are lower; however, the fees are slightly higher for cards issued in different regions.
Is there support for B2B transactions in Austria?
Absolutely. With our payment solution, businesses located in Austria can accept credit card transactions from both individual customers and B2B clients.
Can I use your payment gateway for online and in-store payments in Austria?
As of now, we provide you with an online payment processing solution that you can integrate into your e-commerce website in Austria. This merchant account solution comes with the ability to accept one-time and recurring payments. We also offer high-risk merchant accounts in Austria.
Do you offer integration with Austrian e-commerce platforms?
Our solutions come with ready-to-use plugins for various e-commerce platforms popular in Austria. However, if you have any specific requirements, you can explore our API documentation, which allows developers to write code for integration.
What is the process for setting up a payment gateway in Austria?
We offer a comprehensive solution that includes a merchant account and the payment gateway. To set up the service, initiate contact with us by sending us your details. You can do this by filling out the form on our website. We will initially need only your basic details, and one of our representatives will contact you to identify your needs and requirements. The team will then inform you about available solutions and introduce you to our processing partner, who will guide you through further onboarding steps.
Do you support recurring billing for Austrian businesses?
Recurring billing is essential for various business types, including those offering weight loss programs, training courses, or educational packages. Companies in the field of nutraceuticals, herbal, and vitamin supplements also require subscription billing. The good news is that our processing partners offer this facility, allowing you to collect a specific amount from your customer on a monthly basis.
How do you handle chargebacks in Austria?
For any merchant processing credit and debit card transactions over the internet, it is possible to sometimes receive chargebacks. Many times, these chargebacks are friendly in nature, meaning the customer forgets that they ordered the product. Keeping an easy communication channel open helps merchants resolve these disputes. In case a merchant receives a chargeback, the processing company sends a notification to the merchant and demands proof of service or product delivery. Card schemes want to ensure that chargeback disputes are handled within a specific time frame, so the merchant is required to provide the documents within the recommended time frame. If you are a merchant who struggles with high chargebacks, we suggest you explore options like chargeback alerts and notification services.
Can I use your gateway to accept payments from Austrian tourists?
Absolutely. With our payment gateway solution, you can accept payments from customers traveling to Austria as tourists or Austrian people traveling overseas as tourists. Our solutions are built to address the needs of growth-oriented businesses that believe in expanding their business across multiple countries.
Do you offer payment solutions for Austrian non-profits?
Non-profit organizations, charities, churches, and funeral homes can all benefit from our payment solutions. However, keep in mind that for the approval of the payment solution, these entities must go through the proper application and approval process, which includes submitting the KYC documents that will be verified by the underwriters at our processing partners.
How can I monitor transactions in real-time in Austria?
The payment solutions we offer are direct solutions, meaning you will have full control over the merchant account. You can log in to your merchant account panel and review the transactions. For your convenience, you can use this merchant account panel in different languages.
How do I switch from another payment gateway to yours in Austria?
To switch from your existing payment gateway company to our solution, follow these steps:
- Understand what kind of solutions we offer and compare our product and pricing with your current provider.
- If you like our offer, proceed with the application and underwriting process.
- Once the account is approved, integrate the gateway into your website or mobile app.
- Depending on the agreement you have with your current payment processor, follow their notification process for disconnecting the service. Please carefully read the terms and conditions you signed with your current provider before switching to a new payment processor.
Do you offer special rates for high-volume merchants in Austria?
Most of the time, our merchants find our rates to be extremely affordable and competitive. However, if your processing volume is very high, we can certainly discuss the pricing in detail and explore the possibility of reducing the overall fees.
