Navigating Europe’s Complex Payment Landscape
Payment gateways married into compliance of SCA, multiple payment options, and cross-border VAT obligations are the requirements pitched by European merchants. Adyen leads the pack with its ability to directly connect to European acquirers in a bid to bring down interchange costs for its domestic card payments. Mollie is best suited for small and medium-sized businesses, offering easy integration with major European APMs such as iDEAL, Bancontact, and Giropay. High-risk companies are afforded the convenience by EU-licensed processors such as Computop which have solid banking relationships for the restricted industries. All the solutions shall be designed in a way to ensure that they completely comply with the Strong Customer Authentication of the PSD2 through automatic 3DS2 exemptions for low-risk transactions to ensure conversion rate improvement.
Optimizing for Regional Preferences
Customized strategies for different geographic regions enhance the payment performance in Europe. German consumers are expected to make payment invoices (as PayLater through Klarna) and SEPA direct debits for these models. French geographically classified customers have preference for local cards such as Cartes Bancaires than Visa/Mastercard. In Nordic markets, mobile-based payment solutions are using Swish and Vipps. Utilize local acquiring through your gateway-imperatively using a Netherlands acquirer for processing Dutch iDEAL payments because it eliminates cross-border fees. Create check-out flows compliant with EU privacy legislation and clear on data use. For company-caused charges on a pan-European level, go for payment service providers who are aggregating into EUR settlements and do local tax reporting by themselves.
convergepay payment gateways shopify payments intuit payments payment platforms payment provider online payment processing companies online payment providers paypal express authnet gateway chase payment tech paypal checkout paypal express checkout payment portals cheapest payment processor stripe payment method fusebox elavon paypal pro authorizenet payement gateway mobile payment platforms payment provider online rayzorpay white label payment gateway stripe payment gateway online payment processors international payment gateway online payment gateway woocommerce payments virtual terminal credit card processing best payment gateway shopify payment gateway payment gateway for website white label payment processing ach payment processor merchant payment services square virtual terminal moneris gateway ecommerce payment gateway best payment gateway for small business square payment gateway ach payment gateway shopify payment methods payment gateway integration best ach processing companies paypal payment gateway nmi payment gateway skrill payment credit card payment gateway credit card processing service intuit payment solutions gateway credit card stripe ach payments gateway payment processing payment processing platforms gateway credit card processing credit card gateway stripe shopify bluesnap payment merchant gateway shopify payments fees ecommerce payment processors ach payment providers website payment system merchant provider wordpress payment gateway payment integration payment gateway companies payment page payment gateway services subscription payment gateway internet payment gateway merchant payment gateway payment gateway for international payments paypal gateway best shopify payment provider shopify installment payments secure payment gateway top payment gateways braintree gateway authorize net fees worldpay charges payment integration services bigcommerce payment gateways payment gateway charges paypal braintree shopify payment processing fees worldpay us virtual merchant xero stripe integration uspay gateway payment gateway solutions trust payments square online checkout largest payment processors credit card payment platforms shopify payment options best payment