Getting approved by acquiring banks in Europe can be the toughest step for high risk merchants, especially in industries like gaming, forex, crypto, CBD, and gambling.
At KunnectPayments, we specialize in helping high risk businesses navigate this process with regulatory readiness, risk documentation, and bank relationships that actually understand your model.
1. Why Approval Is Difficult
European acquirers are heavily regulated under PSD2, AMLD6, and EBA guidelines. They evaluate:
- Chargeback ratios
- Business model risk
- Ownership transparency
- AML/KYC compliance
A single compliance gap can lead to rejection or high reserves.
2. Documents Acquirers Require
To build trust and pass due diligence, merchants must prepare:
- Company incorporation documents
- Shareholder & UBO details
- Processing history (3–6 months)
- Compliance & AML policies
- Website & business proof
💡 KunnectPayments provides pre submission compliance checks and document templates for faster approvals.
3. How KunnectPayments Simplifies It
Our expert team connects merchants with EU accredited acquiring banks that accept high risk profiles. We:
- Match your business type with the right acquirer
- Handle KYC/AML onboarding end-to-end
- Offer rolling reserve negotiation and settlement optimization
- Ensure PSD2, MiCA, and GDPR compliance
💡 We’ve helped merchants in 20+ EU countries get approved within days instead of weeks.
4. The KunnectPayments Edge
- Pre screening for approval likelihood
- Acquirer network specialized in high risk sectors
- Support for card, SEPA, crypto, and alternative payments
- Transparent communication between bank, merchant, and processor
Approval from EU acquiring banks doesn’t have to be painful. With the right documents, compliance, and a partner who knows the system, your high risk business can process payments confidently.
Partner with KunnectPayments to secure your acquiring approval in Europe and start scaling globally.
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