How much does it cost to integrate and maintain acceptance of payments via Bilderlings Pay?
The cost, terms of integration and rates are all defined on an individual basis as they depend on various factors. Key factors factors are turnover limits, currencies and countries from which payments originate, as well as the sphere of business and the percentage of chargeback requests.
How much is the integration cost and what does it depend on?
The acquirer bank, Bilderlings Pay and the client take part in the integration. Preparation and sharing of the document package, bank compliance and signing of a contract take different times and depend on the intensity of documental correspondence between parties. The average time required for merchant integration is around 2 weeks.
How much time does it take funds to reach my bank account after a transaction was made?
Bilderlings Pay makes an instant transfer to the merchant’s bank account; hence most payments reach the bank account the same day or the next day in case of time zone differences. For specific types of high-risk businesses there are such instruments as security deposits and rolling reserve.
Which currencies are supported by Bilderlings Pay?
Our clients can accept payments in any currencies and transfer funds to a bank account in Euros (EUR), United States Dollars (USD), Great British Pounds (GBP) and Russian Rubles (RUB).
Where do your clients reside?
The required jurisdiction of the legal entity for signing a contract is the EEA (European Economic Area). It includes all countries within the European Union and three of the four European Free Trade Association (ЕАСТ, EFTA) countries: Iceland, Norway and Liechtenstein. Switzerland is a member of the Schengen agreement and the European Free Trade Association.
Is it necessary to open a new bank account to receive payments via Bilderlings Pay?
It is necessary only if your business involves PSP and deals with payment aggregation.
Where can I find a Bilderlings Pay logo to display on my website?
The Bilderlings Pay logo can be downloaded as an archive on our website. You might also need to display logos of MasterCard and VISA, which is also available as downloads on the Bilderlings Pay website.