High-Risk Merchant Accounts in Greece
Running a high-risk business in Greece should not mean that you will have limited access to payment processing solutions. From travel agencies in Santorini to crypto platforms in Athens, QuadraPay can support Greek merchants across a wide range of high-risk industries. With us you will get the tools that you need to accept local as well as international payments from your B2B and B2C customers, all this without red tape and unnecessary delays.
We truly understand the complexity faced by high-risk merchants in Greece, especially those who are purely online or operate in regulated sectors, and that is where our service focuses. It is exclusively available to e-commerce and online merchants. we offer high-risk online payment processing as well as virtual terminal solutions to greek merchants in association with some of the finest acquiring companies in the European Union.
Whether you’re starting up or scaling your business and want to accept cross-border transactions, our high-risk payment gateway will help your Greek business. We will connect you to a highly reputable payment service provider that has experience in working with Greek merchants from various higher sectors.
Why Greek Businesses Trust QuadraPay for High-Risk Payment Processing
Selecting the right high-risk merchant account can define the future of your greek business. Merchants from many other european union nations have trusted QuadraPay since 2016 for fast approval and excellent connectivity.
Our services include matching your requirements with the best available solution providers in your area and then helping you to get approved. Our services are exclusively for those merchants that are struggling to get approved from mainstream solution providers; basically, we are high-risk processing experts.
Whether you’re in Thessaloniki or Heraklion, we understand the local compliance needs while giving you access to International payment processing solutions. We have served merchants like you in different countries, including France and Austria, and they now process International payments with comfort.
| Feature | Benefit for Greek Merchants |
|---|---|
| Multi-Currency Gateway | Accept EUR, USD, GBP, CHF, and more |
| EU Acquiring Partners | Faster settlements and better approval rates |
| 3D Secure & AVS | Minimise fraud and chargebacks |
| API & Plugin Support | Easy integration with Greek eCommerce platforms |
| Recurring Billing | Ideal for SaaS, gyms, wellness subscriptions |
| Cards + APMs | Accept cards and local methods across Africa, Asia, LATAM |
| Multilingual Dashboard | Greek, English, and more for full control of your merchant account |
What Makes a Business “High-Risk” in Greece?
In Greece there can be many reasons that may attach the label of high-risk to a merchant; this can be because of excessive chargebacks, regulatory constraints, and reputational concerns. It is important to understand that sometimes even if a business is fully legal and complies with regulations, low-risk payment processors may still decline your application and add this label to your profile.
This is not unique to Greece; basically similar challenges are faced by many e-commerce merchants across the globe, including in the neighbouring countries like Hungary and Ireland, but not to worry, QuadraPay connects you with high-risk international payment processing companies that specialise in supporting merchants from most verticals.
| High-Risk Verticals | Risk Indicators |
|---|---|
| Travel, Forex, Crypto | Cross-border risk & chargebacks |
| Adult, CBD, Dating | Legal but reputationally sensitive |
| Nutraceuticals, Supplements | Refund risks, health claims |
| Gaming, Competitions | Regulatory compliance, licensing complexity |
Just because your business is high risk does not mean that you can’t get paid. With the right tools, you can still drive your business in the fast lane. we will simplify the complex process for you so you can focus on your operations and scale your brand by taking it global.
Virtual Terminals & High-Risk Payment Gateways in Greece
At QuadraPay, we focus solely on card-not-present transaction environments; that means we offer you an online Credit Card processing solution and Virtual terminals. These solutions are perfect for companies doing local and international online business in Greece.
With fraud reduction tools and recurring billing support, you will find the solutions as an ideal fit for your Greek e-commerce business. These solutions are especially beneficial for SaaS providers, consultants, or coaches. Businesses in Sweden and the Czech Republic trust us for similar setups.
| Feature | Benefits for Greek CNP Merchants |
|---|---|
| Online Payment Gateway | One-click payments, multi-currency, 3DS |
| Virtual Terminal (MOTO) | Accept payments via phone or email |
| Recurring Billing | Subscription support for health, SaaS, coaching |
| Plugin/API Integration | WooCommerce, Shopify, Magento, and more |
| Fraud Prevention | IP velocity filters, AVS, CVV, BIN & 3DS2 validation |
Whether you are managing wellness subscriptions or you are offering services by phone, our virtual terminal solution will ensure that you never miss a sale. You can stay secure, compliant, and highly competitive by using these innovative payment solutions.
Expand Beyond Greece with Alternative Payment Methods (APMs)
Are you looking forward to growing beyond the Greek market then we can offer you alternative payment methods. These will allow you to accept payments from your buyers in Latin American countries, Africa, and Asia. By offering these alternative ways for your customers to make payments, you will enhance the overall conversion. You will not need a separate system. our payment gateway solution comes with comprehensive alternative payment method support. Merchants in Cyprus and Luxembourg are already using this type of payment solutions to expand globally.
| Region | Common APMs Supported |
|---|---|
| LATAM | OXXO (Mexico), Boleto (Brazil) |
| Asia | Alipay, WeChat Pay |
| Africa | M-Pesa, PayGate |
By offering regional alternative payment methods, you will represent that you understand local users buying behaviour. It will boost your checkout conversion rate and make your brand more accessible to customers in different countries of the world.
Website & KYC Requirements for Greek High-Risk Merchants
Before you are approved for a high-risk merchant account in Greece, you will need to fulfil certain requirements. These start with website compliance. Make sure that your website is fully functional and has important policy pages like terms and conditions, privacy policy, refund policy, and shipping policy. The contact information should be visible on the contacts page. All the traffic on your website should go through the https protocol, and that is why it must have an SSL certificate.
Next you will submit some important business and personal documents to the payment processor for review; this process is called the know your customer process. You will generally submit the business license, personal ID, and a few other important documents. The following table explains all of these in detail. Note that the onboarding requirement for merchants in Greece stays exactly similar to that for any merchant in other parts of the European Union, including countries like Slovenia and the Netherlands.
| Requirement | Details |
|---|---|
| Company Registration | Legal entity in Greece or EU (S.A., I.K.E., O.E., etc.) |
| SSL Certificate | HTTPS-enabled website |
| Legal Pages | Privacy, Terms, Refund Policy, Delivery Information |
| Product Information | Clear images, descriptions, prices |
| Business Bank Account | In Greece or SEPA-compliant EU country |
| Director/UBO ID | Passport or Greek national ID |
| Address Verification | Utility bill or bank statement |
| Past Processing Statement | Optional, helps with approval |
Having a fully compliant website and being ready with all the KYC documents will speed up your approval and reduce friction; don’t worry, we will guide you through the entire process and ensure that everything is aligned.
FAQ: High-Risk Credit Card Processing in Greece
Can I accept payments outside of Greece?
Yes, with our payment gateway solutions, you will be able to accept International payments from customers in 100 + countries.
Which platforms does your gateway support?
We offer integration plugins and full API Access for different platforms such as woocommerce, magento and opencart.
Do you support MOTO (Virtual Terminal) payments?
Yes, we do offer virtual terminal MOTO solutions to merchants in Greece. These are ideal for phone and mail orders.
Can I upgrade pricing as I grow?
Yes, volume-based pricing is possible for scaling businesses, provided you retain a low chargeback ratio.
How fast is setup?
High-risk merchant accounts typically take 3 to 7 business days for approval once you have submitted all documentation.
Apply Now for a High-Risk Merchant Account in Greece
Are you ready to grow your high-risk business in Greece? Get started with the high-risk payment gateway and a merchant account that will align with your business goals. Send us an inquiry at [email protected].
We will check your requirements and connect you with the right acquirer. Once approved, you will be able to accept online payments from local as well as International customers. If you serve the broader european market, then explore our high-risk merchant accounts in Europe to get an overview about regional support.
Explore the comprehensive high-risk merchant processing guide here.