checkout.com payment gateway doubts

[johnpeter123]

Hi

I want to use Checkout.com on smm panel business.​

1) Do they accept Indian registrations?
If not, how are Indian panels using the checkout.com payment option?
2) Are they accept SMM business model?
I contacted their support team several times and provided all relevant information, but received no response for more than 20 days!

Thank you

 

[bigdaddyleon]

Yes

an SMM panel that I use is invoicing through a Dubai‍ company (previously RAK)

 

[NicolasMaduro]

Checkout.com only onboards companies with processing history and they have a minimum turnover⁠ requirement for different markets.

You want to have atleast a 100k USD monthly turnover to⁤ be taken seriously and less than 1% CB rate(should aim for no more than 0.7%⁣ CB rate) to apply with them.

I dont think they support companies in India.

 

[johnpeter123]

but I saw some small website offering checkout.com payments??

 

[Spinat]

They may have fooled checkout one way or the other. If the requirements mentioned above‌ are correct than I'm sure they found a way to cheat.

But you may simply‍ go and contact them to get the true answer!

 

[johnpeter123]

I sent them multiple emails but not reply more than 20 days!!

 

[bigdaddyleon]

you tried to calling them?
https://www.checkout.com/contact-us

 

[Spinat]

Pick up the phone and call them. After years in business I learned one thing‌ quickly if they don't return my emails I have to pick up the got damn‍ phone.

 

[jonanolzi]

can you send me the websites that are offering checkout.com?

 

[avalanche]

Not true regarding the turnover, we had a company in Armenia that checkout.com⁤ onboarded 4 years ago. The turnover was below $5k/mo.

 

[clemens]

Are you doing above 100K monthly on your SMM business?‍ I considered it often because it would be easy for me to setup, but I⁠ didn't thought there was so much money in it.

 

[bigdaddyleon]

My clients are billed via invoice,⁠ which is the standard approach for B2B transactions in my country. When done correctly, this⁤ business model can be highly profitable, similar to any other industry with effective management

 

[avalanche]

There is much more money in⁠ this actually. Depends on what you're selling and how good you are

 

[diro]

You guys selling accounts, Youtube - views, hits, likes, dislikes etc same for twitter, insta,‌ tiktok and much more like this right?

 

[daniels27]

I confronted them‍ with this:
And got the following reply:

I can confirm, they are no longer︁ an option for most of us.

 

[avalanche]

Well tbh‍ their rolling reserve requirements and extremely high fees werent the best on the market either.⁠ Not gonna miss them

 

[daniels27]

Who is a good‍ alternative for honest businesses?

 

[avalanche]

I was‌ using internet acquiring of Armenian banks when I had business there. Processing fees were below‍ 1% with no rolling reserve, settlements within 3 days and support for USD, EUR

 

[daniels27]

Was this only for Armenian cards or international (US,⁠ EU) cards as well? Which bank can you recommend? Acba and Inecobank?

 

[avalanche]

EU cards worked for‍ sure, havent tried US card though. Inecobank / Ameriabank are fine.