High-Risk Payment Gateway in Bulgaria
If your business in Bulgaria has been labelled as high risk by banks and payment service providers, then it is most likely that you have experienced rejections, sky high fees and delayed approvals. Whether you operate in e-commerce, subscription, adult services, or other regulated verticals, QuadraPay can help you find the right payment solution provider that supports your industry type.
Since the year 2016 we have been assisting Bulgaria based ecommerce merchants in finding the right payment solutions. We do this by utilising our extensive network of payment processors that work with merchants from various high-risk industries. All of our solutions come with advanced features like multi-currency processing, virtual terminals, and enhanced fraud reduction tools.
Just as we have supported multiple businesses in Croatia and Hungary, we also help bulgarian entrepreneurs who want to launch and scale their business without compliance headaches and delays.
Accept Cards Online in Bulgaria, Even as a High-Risk Business
Getting approved for card acceptance in Bulgaria can be tough when you operate in a high-risk sector. Many domestic payment processors simply decline such applications because of regulatory concerns and the industry’s reputation. At QuadraPay we solve this problem by connecting you with EU based payment service providers who understand various high-risk business models.
Our payment gateway solutions are optimised for card-not-present transactions and are perfect for bulgarian online stores, mobile apps, and service providers. Whether you are running an adult toy store, subscription platform, or digital Wellness brand we will enable you to accept credit and debit card payments with confidence.
| Key Features | Description |
|---|---|
| Cards | All Major Cards |
| 3D Secure & AVS | Strong Customer Authentication (SCA) included |
| eCommerce Integration | Plugins for WooCommerce, PrestaShop, Magento, Joomla, WordPress |
| Virtual Terminal Support | Accept phone and email orders (MOTO) |
High-Risk Payment Gateway Features in Bulgaria
Our payment gateway solution isn’t just compliant; it is actually built for growth. These specialised solutions are designed for high-risk industries in Bulgaria; they include tools that most low-risk payment service providers lack. You will get a faster settlement, international reach, and powerful fraud protection. All under one umbrella.
| Feature | Benefit |
|---|---|
| Transparent Pricing | Interchange++, tiered, and flat-rate options available |
| Fast EU Settlements | T+1 or T+2 settlements with EU banks |
| Global Card Acceptance | Accept multi-currency payments worldwide |
| Dynamic Currency Conversion | Price in any currency; settle in BGN, EUR, or USD |
| Recurring Billing Support | Automate billing for memberships, services, and SaaS |
| Smart Fraud Prevention | AI scoring, blacklisting, velocity filters, BIN/IP match |
Why Some Bulgarian Merchants Need High-Risk Accounts
It is important to know that not all businesses in Bulgaria are treated equally by traditional banks. Those with high-ticket sales, a recurring billing model, or operating in a regulated sector are often labelled as high risk regardless of the operational integrity.
Credit card processors generally flag merchants because of factors like high chargeback rates, large average ticket values, or Foreign customer base. Businesses that operate in subscription, crypto, adult, or gaming industries are also disproportionately affected.
| Industry | Risk Concern |
|---|---|
| Gaming | Regulatory oversight, chargebacks |
| CBD, Nutraceuticals | Product claims, refund risk |
| Adult & Dating Sites | Content and compliance challenges |
| Forex & Crypto | Volatility and jurisdiction issues |
| Travel, Subscriptions, SaaS | Recurring billing, cancellation disputes |
KYC Requirements for Merchant Accounts in Bulgaria
Compliance is the key for fast approval with any payment service provider. Acquiring banks require certain documents from the merchant that can confirm business legitimacy and transparency. At QuadraPay we make it easy with a checklist-driven onboarding process.
| Document | Purpose |
|---|---|
| Business Registration Certificate | Bulgarian or any EU jurisdiction |
| Government-Issued ID or Passport | Validates business ownership |
| Address Proof (Non-Virtual) | Utility bill or lease confirming physical location |
| Bank Statement or Voided Check | Confirms business banking relationship |
| Website with Legal Policies | Includes Terms, Privacy, Refund Policy, product info |
Whether you operate in Sofia, Varna, or Plovdiv, by submitting these documents accurately, you can cut your onboarding time in half. Similar requirements apply in Austria and Slovenia as well.
Integration with Bulgarian eCommerce Platforms
Whether you are building your online store with WooCommerce, Shopify or Magento, QuadraPay can provide you the right integration support. With these integration options, even high-risk merchants in Bulgaria can accept credit card payments efficiently online.
Our partner PSP providers offer easy integration paths that are fully compliant and support the needs of merchants from high-risk verticals.
For woocommerce and Magento users, we offer direct plugin-based integration as well as API based custom integration. Select payment processors also for integration to Shopify. Businesses that use PrestaShop can leverage the preconfigured modules. For mobile-first businesses, we provide SDKs and restful API that support IOS and Android application integration.
Even if you have been previously told that ShopIfy won’t accept your business model, you can approach a payment service provider that integrates with ShopIfy. Many Shopify merchants are not aware of this flexibility, but when you work with a partner like QuadraPay we will go the extra mile to get you the right payment solution so that your business can grow and you can accept payments from around the world, including the Netherlands and Ireland.
International Payment Processing In Bulgaria with Local Efficiency
We enable Bulgarian merchants to compete on a global stage without compromising on local banking convenience. Whether you are targeting local customers in Sofia or International buyers across Europe and Canada, our payment gateway solutions will make multi-currency commerce a true reality for you.
By using the dynamic currency conversion feature, you will be able to display the product prices in your customers native currency. This will reduce cart abandonment and will increase trust at checkout. From the payment service provider, you will receive the payouts directly in Bulgarian Lev (BGN), Euro (EUR), or US Dollars (USD). The funds will be settled directly into your business bank account. This feature is extremely valuable for digital-first merchants that sell downloadable products, wellness services, adult subscriptions, and Saas solutions.
With multi-currency acceptance, you will be able to attract customers from the European Union, Asia, and America as a matter of fact, you can also accept orders from Australia and New Zealand. Combined with local flexibility, DCC is a strategic advantage for your business, which is on par with solutions that we provide in international markets like Malta and Israel.
Chargeback Prevention and Risk Management
Chargebacks and fraud disputes are a serious concern for high-risk merchants in Bulgaria. We provide you with a comprehensive chargeback alert and notification service that helps you manage and reduce risk before they impact your revenue or the merchant standing with the payment processor.
Our solutions use real-time artificial intelligence-powered fraud scoring to identify and filter suspicious transactions before they are approved. With CDRN solutions, you can get early warnings when a chargeback may be coming. The custom dashboard allows you to track chargeback trends and customer behavior patterns, and this way you can adjust your risk strategy proactively.
Why Choose QuadraPay for Your Bulgarian Merchant Account?
We are not just a solution provider; we are a partner in your business growth story. Whether you are just starting up, want to scale your existing eCommerce business, or want to handle large monthly volumes, our team will assist you to get this accomplished by utilizing our partner network of payment processors and merchant acquirers.
You will gain access to EU based payment service providers that understand high-risk verticals. For you, our pricing will be fully transparent; there are not going to be any hidden fees.
Email: [email protected]
Service Coverage: Bulgaria + All EU Jurisdictions