Card deposits convert well, and Apple Pay and Google Pay convert even better on mobile. But card acquirers class FX, CFD and prop trading as high-risk, so new companies are often turned down. The answer is sequencing and the right providers.
·Get the basics in place first
- Corporate bank or EMI account in the company's name
- Clean website with terms, refund policy and risk disclosures
- KYC before first deposit and restricted-country blocking
- Realistic volume forecast
·Apple Pay and Google Pay
Wallets sit on top of card acquiring. Once your merchant account supports them, clients pay with one tap using their saved card. Your provider and checkout must support wallets, and the domain set-up must be completed correctly.
·Keep the programme healthy
3-D Secure, clear billing descriptors, deposit limits and a simple refund process keep chargebacks low. Expect a rolling reserve at the start and budget for it.
·Get your banking and payments plan in writing
On the $250 Strategy Call we map your markets to the bank accounts, IBANs and payment methods that fit your model, in the right order, with costs and timelines. Credited toward your engagement if you proceed.