Resumen
QuadraPay is a UK company that finds merchant accounts for high-risk businesses and connects a payment gateway. In essence, it acts as an intermediary between the merchant and acquirers willing to work with difficult industries.
How sourcing works
Instead of approaching banks one by one and collecting refusals, the merchant hands the task to the provider. It assesses the business profile and proposes acquirers with an appetite for that risk. The upside is saved time and access to partners that are hard to find alone. The downside is that final terms depend on whichever acquirer is matched.
What is included
- sourcing a high-risk merchant account;
- connecting a payment gateway to the website.
What to know
The company states that it works with high-risk industries, but approval of a specific business is not guaranteed and depends on the acquirer's decision. Pricing, settlement currencies and the countries its partners cover are not listed.
How to prepare
Gather processing statements, refund statistics and a description of your sales model; with that set, sourcing goes faster and offers are more precise.
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