Andorran businesses can obtain physical and virtual point-of-sale facilities for taking customer card payments.
Current local providers offer merchant solutions for shops, hospitality businesses and e-commerce, subject to underwriting and trading profile.
Who this service is for
This service can suit businesses taking payments in person, online or through a mixture of channels.
Current local providers offer merchant solutions for shops, hospitality businesses and e-commerce, subject to underwriting and trading profile.
What the provider will consider
The provider can ask about products, expected turnover, average transaction values, refunds and customer locations.
Online merchants may also need a suitable website, trading terms and fulfilment information.
Match the facility to the business
Physical terminals, online gateways and other merchant facilities solve different payment needs.
We help present the trading model accurately so the provider can assess the right service.
How Coutts Consultants can help
We review the payment requirement, prepare the business information and make an introduction where a suitable provider is available.
The provider decides acceptance, pricing, settlement and any reserve requirements.
Service details
Why choose Coutts Consultants
Coutts Consultants helps eligible clients in Andorra prepare a clear application and introduces them to suitable third-party providers where available.
What is included
- Merchant needs review
- Payment-channel assessment
- Application preparation
- Provider introduction
- Onboarding support
Benefits
- Provider matched to trading model
- Online and physical payments considered
- Application organised clearly
- Help throughout onboarding
Requirements
- Lawful business
- Clear product/service offering
- Suitable KYC evidence
- Trading information
- Provider acceptance
Documents required
- Company/KYC documents
- Website/trading information
- Turnover/payment estimates
- Refund/fulfilment information
- Processing history where available
How it works
- 01Discuss banking requirement
- 02Review client or entity information
- 03Prepare application information
- 04Identify suitable provider
- 05Make introduction
- 06Assist through onboarding
Timescale
Timing depends on the provider, client profile and complexity of the application.
