Yes, via a strategic partner.
Processing costs start from 5% + 30c per transaction depending on how the merchant qualifies.
Depending on which processor is used, it will vary from T+1 to T+7.
Yes, a reserve is always taken. This can be in the form of an upfront payment bond or a rolling reserve. Rolling reserves typically start at 5% for 90 days, depending on how the merchant qualifies based on previous history
Yes, region specific.
Yes, we have several partners that are leaders in the ecommerce space
This is a case by case based on MCC, local acquiring vs cross border, cleanliness of traffic and more, however can be as high as 90% for the right high-risk merchant.
This varies subject to merchant willingness to progress, however average onboarding generally takes 3-4 weeks from engagement. Process would follow questionnaire, application, KYC / AML, credit review, agreed terms, mid issuing, integration, sandbox and testing.