Digital gift card store needs a gateway after Adyen and Stripe declined
Terms
Payment methods
Geography
Details
Requirements
- International payment acceptance
- Explicit acceptance of the digital gift card category
What we offer
- Track record: 50,000 transactions in 2021
A digital gift card store is looking for an international payment gateway. The author says Adyen and Stripe turned the store down because of its business category, so it needs a provider that explicitly accepts gift card sales.
What is needed - international payment acceptance; - explicit acceptance of digital gift card stores.
Geography The company is based in Bangladesh, the author lists the Netherlands as his location, and customers are international. A provider should say up front which country it can onboard the merchant from.
Scale A 2022 company brochure mentions 50,000 transactions in 2021. That is a historical figure, not current monthly volume, and is useful only as a sign of operating experience.
What to check It needs clarifying where the store buys its gift cards, who owns the specific site and whether the merchant meets the provider's eligibility rules. Gift cards carry elevated fraud risk, so anti-fraud tools and reserves should be discussed early.
Who it suits Providers with experience serving sellers of digital codes and vouchers.
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