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

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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.

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