Payment Processor (easy going) BVI digital services for startup (test water).

[wellington]

Any recommendations for a payment processor for a BVI company?
Startup, early days been putting together over the past little while.
It's testing the water, so not actually bothered about withdrawing revenues and would prefer to not have to go through heaps of paperwork.
Would need to be able to accept fiat (cards) charges low value <-1000 Euro in value/$ etc.
Funds can sit in the platform if that helps, as mentioned early days and want to see if it can get market fit.

Before deciding what to do with the 'little project' (hobby), digital services related.

 

[Sols]

Assuming we're talking about a non-resident owned BVI company, there are no local card processors that'll accept you. You probably need to form a foreign subsidiary to act as a payment agent, and/or work with a high risk processor that aggregates your volume, which tends to cost a hefty penny.

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This is the probably the answer to your question.

 

[JohnLocke]

If you can provide a local director and real address both in BVI for this company you may have slight chances to get a payment processor for your project.

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[DeepDrilling]

Try these guys
https://www.offshorecorptalk.com/resources/high-risk-solutions.324/

 

[AlicaFunk]

OP you found a payment processor for your BVI company?

 

[EliasIT]

There are some of the payment processors who actually accept BVI companies, the one suggested above is one of them. However, from my experience, I got ton's of questions and forms to be completed. Beside that they restricted the amount to be processed for the first 2 months! It's hard to work with.

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