eRietumu - your acquirer in Europe
Rietumu is a principal member of the VISA and MasterCard payment systems, with European licences for servicing card payments via the internet. Regardless of the time of day for your customers, or their location, whether it be in China, Russia, Australia or the USA, the client can pay for your goods or services on your website. Rietumu Bank provides advanced support in launching its off-the-shelf eRietumu system: covering everything from software installation right up to providing assistance in registering the company in the most suitable jurisdiction.
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We offer an advanced solution in the field of internet acquiring (e-commerce): the eRietumu system. It is the simplest, the fastest and the most reliable way of payment execution via the internet.
Our clients are companies that are engaged in the sale of various goods and services:
- electronics,
- clothes,
- tickets,
- software,
- insurance policies
- and other...
A merchant account is:
- an instant way of paying for goods and services around the clock, from any part of the world, using payment cards;
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- more beneficial than acting via an intermediary;
- money online - immediately after making a payment you will receive confirmation and a guarantee of the funds that are entering your current account at Rietumu;
- a fully-fledged current account at the bank with remote access.
Safety
- еRietumu uses 3D Secure technology: Verified-by-Visa, MasterCard SecureCode, which minimizes the risk.
- The monitoring system reduces the number of charge-back fees to the lowest possible level
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Basic criteria and requirements:
- A PCI DSS standards certificate of conformity from the approved VISA and MasterCard auditor which should have been received no later than a year ago;
- Experience of operating in the market of a minimum of three years.
For a decision on opening your account to be taken, the following should be provided:
- statutory documents, the last annual report, information regarding the occupation of the company’s clients;
- information regarding the anticipated monthly turnover, the average worth of one transaction, and the sales feasibility forecast for the next six months;
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- documents regarding processing history and charge-back levels during the last six months;
- statutory documents showing contractors, copies of agreements concluded with them, and showing addresses of the serviced IPSP websites;
- information regarding the ‘Know Your Customer’ policy.
A final decision on the opening of your account shall be taken following a personal meeting between representatives of the bank and your company.
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Rietumu offers interested parties and companies the opportunity to consider mutually beneficial cooperation. We are looking for partners to work with on a long-term and permanent basis. We guarantee worthwhile remuneration for attracting new clients.
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