Problems with credit card processor for crypto exchange

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Soulivann

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Apr 30, 2020
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Hi all,

I have tried to onboard my Estonian crypto exchange with an EU processor. To its request, I provided a legal opinion from my UK counsel confirming that I'm allowed to accept clients from the UK too. However, it got rejected because it's not from a "reputable law firm". It may have to do with MC BRAM policy.

Is there a crypto friendly processor that is more flexible with this nonsense?
Thanks
 
Hey,

I might be able to help you. Drop me an email if you wish.

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Soulivann said:
Hi all,

I have tried to onboard my Estonian crypto exchange with an EU processor. To its request, I provided a legal opinion from my UK counsel confirming that I'm allowed to accept clients from the UK too. However, it got rejected because it's not from a "reputable law firm". It may have to do with MC BRAM policy.

Is there a crypto friendly processor that is more flexible with this nonsense?
Thanks
Click to expand...


No, All EU processors follow this MC requirement.
A legal opinion for the UK will cost you 1750 EURO, you will however have the guarantee it will be accepted by the card processor and mastercard.

I am not selling anything here, feel free to reply for more info.
 
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