Georgia credit cards payment gateway?

[JonnyStekkino]

Hi everyone,

In the last months I'm struggling finding a gateway in order to accept‌ credit cards for a Georgian company
I moved to Georgia, I have substance and revenue,‍ but still alot of problems.

I tried Payssion, Rapyd, TBC e-commerce, and all refused the⁠ request, paymentwall is not anwering anymore.

The business is totally legit, with no chargebacks at⁤ all.

If anyone know how to solve this, please help

 

[cryptounions]

first we have to know what's your business?

 

[JonnyStekkino]

Just e-commerce‌ of educational material, no copyright issues, but already saw processors arguing about copyright

 

[bizman]

You checked https://www.offshorecorptalk.com/resources/categories/payment-service-provider.4/

there is a lot of honey in there.

 

[JonnyStekkino]

Not a single one of that accept Georgia

 

[cryptounions]

why is‌ Georgia so difficult?

 

[Sols]

PSPs are licensed by region under scheme regulations (Visa/Mastercard). If we take EU/EEA as an‌ example, a card processor in EU/EEA can take customers from all of EU/EEA (and sometimes‍ a few other European countries like Switzerland), but it cannot take merchants from Georgia. Only⁠ Georgian processors can onboard Georgian merchants. Anything else is a scheme rule violation, which carries⁤ additional risk for all parties involved and tend to cost much, much more.

You might⁣ have some luck if you form an EU subsidiary and work with EU PSPs through⁢ that subsidiary.