Category: psp europe

  • Choosing a PSP in Europe: Fees, Coverage & Compliance Checklist

    Choosing a PSP in Europe: Fees, Coverage & Compliance Checklist

    Selecting the right Payment Service Provider (PSP) in Europe isn’t just about transaction success, it’s about compliance, cost, and coverage. Whether you’re in gaming, forex, crypto, or CBD, the right PSP can determine how smoothly your business scales.

    At KunnectPayments, we guide merchants through this complex process. Helping them pick PSPs that align with PSD2, AMLD6, and MiCA regulations while ensuring low fees and high approval rates.

    1. Fees & Pricing Transparency

    Hidden fees can destroy profit margins. Look for PSPs offering:

    • Transparent MDR (Merchant Discount Rate).
    • No setup or monthly maintenance charges.
    • Flat rate settlements with no surprise cross border fees.

    💡 KunnectPayments provides custom pricing for high risk EU merchants, ensuring predictability and transparent fee breakdowns.

    2. Geographic & Currency Coverage

    Europe is fragmented, not every PSP supports all markets.
    Choose one with:

    • Multi currency support (EUR, GBP, CHF, SEK, PLN).
    • EU wide coverage, including EEA, UK, and Switzerland.
    • SEPA Instant & SWIFT compatibility.

    💡 KunnectPayments covers over 30+ EU payment corridors with local routing and settlement options.

    3. Compliance & Regulation

    A top-tier PSP must meet:

    • PSD2 licensing & SCA (Strong Customer Authentication).
    • AMLD6 compliance for anti money laundering.
    • Data protection under GDPR.
    • MiCA aligned crypto transaction monitoring.

    💡 KunnectPayments integrates regulatory checks, transaction monitoring, and KYB automation built for high risk verticals.

    4. Settlement Speed & Risk Handling

    Payment delays can cripple operations.
    Check for:

    • Quick settlement.
    • Rolling reserves with clear release terms.
    • Real time fraud and chargeback dashboards.

    💡 Our PSP solutions ensure quick settlements with AI driven fraud prevention.

    At KunnectPayments, we combine regulatory trust, speed, and custom risk tolerance, helping European merchants process payments confidently and compliantly.

    Contact KunnectPayments today to optimize your EU payment flow.

  • PayFac vs PSP, Which Model Fits Your EU Business?

    PayFac vs PSP, Which Model Fits Your EU Business?

    Choosing the right payment model is critical for scaling in Europe’s regulated environment. Whether you’re a high risk merchant, fintech startup, or marketplace, understanding the difference between a Payment Facilitator (PayFac) and a Payment Service Provider (PSP) can shape your success.

    At KunnectPayments, we help European merchants and platforms choose, launch, and operate the best fit model compliant with PSD2, AMLD6, and MiCA.

    PayFac (Payment Facilitator): Fast, Flexible, Scalable

    A PayFac allows businesses to onboard sub merchants under its master account. This model is ideal for platforms or aggregators that want quick merchant onboarding and unified settlement.

    Best for:

    • Marketplaces, SaaS, and gaming platforms.
    • Faster onboarding and centralized compliance.
    • Merchants wanting a single integration for multiple sellers.

    At KunnectPayments:
    We provide white label PayFac infrastructure that enables instant sub merchant onboarding, real time KYC, and rolling reserves, built for Europe’s regulatory standards.

    PSP (Payment Service Provider): Direct and Controlled

    A PSP provides merchants with direct access to acquirers and payment networks. It offers more control and transparency but typically involves a longer setup and stricter underwriting.

    Best for:

    • Larger merchants needing direct acquirer relationships.
    • Businesses handling their own compliance and chargeback management.
    • Companies seeking customized routing and lower per transaction fees.

    At KunnectPayments:
    We connect merchants directly with EU acquiring banks and offer multi-rail payment processing cards, SEPA, eWallets, and crypto with built-in fraud and compliance tools.

    Conclusion

    Both models can power your growth, the choice depends on your size, risk profile, and desired control.

    At KunnectPayments, we guide European merchants through setup, compliance, and optimization, whether as a PSP partner or a white label PayFac provider.

    Ready to launch your EU payment model?

    Contact KunnectPayments today to find the best fit payment solution for your business.