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Safe, secure and reliable payment processing since 1997

Credit card processing for Binary and Forex Options (unlicensed or for licenses outside Europe)

Working with different acquirers we can set-up merchant processing for many high risk companies. As the acquiring banks are located well outside Europe it also means that we can provide online payments to businesses incorporated in most Worldwide countries.

Please note that we can only help established businesses with processing history over £40k ($50k) a month.

Costs and Fees

Due to the acquiring banks that we use all prices are quoted in USD

Application Fee:
Annual Fee: $2,000
Transaction Rate: 8%
Gateway Fee: $0.35
Settlement: Weekly, 15 days in arrears
Rolling Reserve: 10% of turnover, held 6 months
Minimum Remittence Amount: $8,000
Initial Agreement Period: 12 months
Chargeback Fee: $35
Wire Transfer Fee: $45
Refund Fee: $1
Trading Currencies: Over 100 to choose from
Settlement Currencies: GBP, EUR, RMB or Bitcoin **

* If you wish we can split up the settlement currencies. For example you could receive your settlement as 60% Bitcoin and 40% EUR. However due to the settlement amount changing every week it could not be split as a set amount i.e. £30k Bitcoin and £20k Euro.


For FAQ's for this account please scroll down

If you would like to apply please use the following online application form

Documentation and Requirements

The following documents and requirements are necessary (without exception):

  • Copy of passport for the owner and each director

  • Certificate of Incorporation/business registration

  • 3 - 6 months’ processing statements from current acquirer

  • Chargebacks and refund statements
  • You must be processing online a minimum of £30k ($50k)

  • You must have a professional looking TRADING website (including all sub addresses if applicable)

What is provided

As with all our accounts we provide the following as standard:

  • Merchant account and gateway

  • Free virtual terminal

  • 3D Secure
  • Comprehensive reporting tools

  • Over 100 supported trading currencies

  • Settlement currency (monies paid to you) in either GBP, EUR, RMB or Bitcoin

Full Reporting Tools

The back office contains a variety of reports to provide you with all the information you need on your merchant account to create and modify customer profiles, reconcile payment data, show refund and chargeback history and run reports.

Website Integration

There are two main ways to integrate your eCommerce website. The method you choose will depend on your individual requirements. We can provide either a complete API integration or free shopping cart plug-ins to Hikashop, Magento, Opencart, Oscommerce, Prestashop, Woocommerce and Zencart.

Need help with your integration? Please contact us as we can assist with integrating your website.

Application Procedure - how do I continue?

If you would like to apply please use the following online application form

Once we receive your initial application we will check it, request the above additional documents and send out a supplementary application to be completed and emailed back to us. Once these documents are received back to us we then send the 'complete' application to the underwriters to approve (or decline). This entire procedure normally takes 2 - 3 working days. Once approved the MID is set-up and agreements and integration details are sent out 24 hours later.

Please note that even though we will be using banks outside the United Kingdom, your application will be handled here in the UK so you do not have to worry about time zones or language barriers.

Privacy and Confidentiality

Fully compliant with (PCI DSS) | Data Protection Act 1998 Registration No. Z354474

To make sure we can help and to check that you are indeed processing the necessary volumes, we will need to see your monthly processing statements. Be assured that we take confidentiality very seriously and only share what is provided with our banking partners when setting up a merchant facility. It is important to us to maintain security and confidentiality for the purpose of trust.

What we DO with the information
Like with all our merchant accounts, we internally check that the information is correct and true and confirm trading volumes.

What we DON'T do with the information
We do not show it to anyone (other than the acquiring bank) or tell your current provider. In fact there is no way they can find out that you are moving etc. unless YOU tell them.

Who does Web-Merchant currently help? Even though we understand that people often like to know who we have helped and provided merchant services for, when it comes to our extremely high risk merchants, due to the nature of the businesses, we never reveal this information to anyone. Therefore please do not ask!

Frequently Asked Questions

Please find the FAQ's for our third party aggregated solution by clicking here.

* Funds are held for 15 days and paid every Monday. For example on the 13th all money from transactions will be paid 15 days later on the 28th

The rolling reserve holds 10% of approved transactions over the previous 6 month period.
Following the 7th month of operation (and every month thereafter) the reserves generated from the 1st month (and every month thereafter) will be forwarded to the merchant.


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Web-Merchant Services Limited © 1997 - 2018 - Company Registration No. 03919014

Fully compliant with the Payment Card Industry Data Security Standard (PCI DSS). NCA Approved. Anti-Money Laundering Registration No.12709698. Data Protection Reg No. Z3544745
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