What’s the best emi for my setup

[xMarcel]

How is your application with‍ ConnectPay goes?
Fees are quite high...

tbh, i would prefer GlobalNetint UAB instead.
Both companies⁠ have similar share in the Lithuanian's EMI market and accept high-risk.
I know a couple⁤ licensed online gambling-operators which use them and have crypto operations.
Besides lower fees, GlobalNetint's BIG⁣ plus is that "application fee paid after successful application".
While others require to pay that⁢ fee independent of the account opening result.
And ConnectPay for some reason require you to︀ pay even more, with the initial transfer of €900.

The only advantage of ConnectPay is︁ HERCUS card with high ATM limits.

 

[Gediminas]

They are facing some‌ restructuring or similar issues at this time, so they are slow a little bit. but‍ in general, they are fine.

I would suggest Bankera. Their pricing is one of the⁠ best, will start offering the debit card for businesses too. Also SEPA instant, multicurrency, and⁤ many more to come.

 

[IlyMily]

T
they refused my application and took 600 euro fees. My business is all⁢ legit and provided all documents they requested, another kind of scammers are these emi’s, BTW︀ i had to chase them after every reply and wait 7 days for every document︁ or reply i request. 2 months to receive the denied application email, but then fast︂ they informed me that 600 euro are non refundable. Still waiting for Bankera, will keep︃ you updated.

 

[xMarcel]

Wow. Make sure to give them the proper‍ feedback here: https: //uk.trustpilot. com/review/www.connectpay.com

I assume, now, it will be surprising result if Bankera/Pervesk⁠ accepts you.
You can also send your application to GlobalNetint, afaik they don't charge anything⁤ until your account is approved.
And if GlobalNetint accepts you too then ConnectPay is definitely⁣ scammers in some degree.

 

[Spinat]

OP, can I ask you why you don't imply open an account in any local‌ bank inside EU and use it for your business, what is it I'm missing?

 

[IlyMily]

I’m out of europe at the moment since the covid19 outbreak,⁠ i guess that would be the best option and ti get rid off all these⁤ emi,s and their shitty setup