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Banking & Financial Accounts

Germany Merchant & Business Payment Services

Germany

Help eligible Germany businesses arrange card, online and merchant payment facilities through suitable third-party providers.

Businesses in Germany can use established merchant and business-payment services to take customer payments in person, online or through mobile channels.

In Germany, Coutts Consultants can help identify a suitable third-party payment route and prepare the business information required for merchant onboarding.

Choose the payment setup around the business

In Germany, a retailer, restaurant, professional practice and e-commerce company can need very different payment facilities.

In Germany, we look at where customers pay, transaction values, expected turnover and whether the business needs terminals, online checkout, mobile acceptance or a combination.

What the provider will consider

In Germany, merchant providers can ask about products or services, trading history, refunds, chargebacks, customer locations and fulfilment.

In Germany, new businesses may need forecasts and website information, while established merchants may be asked for processing statements.

International customers

In Germany, businesses serving overseas customers may need international cards, additional payment methods or settlement in more than one currency.

These facilities vary by provider and should be matched to the genuine customer and transaction profile.

How Coutts Consultants can help

In Germany, we help prepare the merchant application and introduce the business to a suitable third-party provider where a current route is available.

The provider makes the underwriting decision and sets its own pricing, settlement and reserve requirements.

Service details

Why choose Coutts Consultants

Coutts Consultants helps eligible clients in Germany prepare a clear banking 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 through merchant onboarding

Requirements

  • Lawful business activity
  • Clear product or service offering
  • Suitable KYC information
  • Trading/website information where relevant
  • Provider underwriting acceptance

Documents required

  • Company and KYC documents
  • Website/trading information
  • Turnover and transaction estimates
  • Refund/fulfilment information
  • Processing history where available

How it works

  1. 01Discuss the banking requirement
  2. 02Review the company or client information
  3. 03Prepare the application
  4. 04Identify a suitable provider
  5. 05Make the introduction
  6. 06Assist through onboarding

Timescale

Timing depends on the provider, client profile and complexity of the application.

Ready when you are

Ready to discuss your international business requirements?

Tell us what you are looking to achieve and we will help you identify the appropriate jurisdiction, structure or service.