PayWorld is leading supplier of Merchant Accounts in many countries with clients in Iceland. With several years of experience with Merchant Account Services we can help new businesses to establish an online trading presence as well as helping existing Icelandic business to lower and simplify transaction rates.
Our continued worldwide success is driven by the numerous solutions that we offer and our understanding of local cultures and our drive to build local partnerships. We understand that every business has its unique way of doing things so we wont force a single merchant account solution to everyone. We can offer Icelandic businesses real time payments through our online well as payment solutions using our Virtual Merchant Account Terminal, covering all types of low risk and high risk businesses in Iceland.
We now offer Merchant Accounts solutions for all categories of business, including high risk sectors such as the Adult content, Dating websites, Pharmacy, Retail store front, mail-order telephone-order (MOTO), trade shows, professionals and the Service Industry for all businesses.
For Startups and New Business
If you are an established business that is already trading, and are looking for additional processing capacity, better rates or a more stable processor, then you can apply online for an assessment on all the payments solutions we offer.
Click Here To Apply For A Merchant Account or to find out what payment services are available for a startup business In Iceland.
For Established Business..
If you are an established business that is already trading, and are looking for a better rates or a more stable processor, then you can apply online for an assessment on the payments solutions we offer.
- You must be already trading
- You must have processing history of at least 6 months.
Apply for a Merchant Account for an already trading business in Iceland.
Our basic fee structure is shown below, but to get up to date rates for businesses in Iceland, you need to apply for a free online assessment.
Discount Rates FROM 1.8%,
$0.10 Transaction Fee,
$1 Minimum Transaction Amount,
$20 Statement FEE,
FAST Payment cycles
Low Wire FEE,
No Application FEE,
No Gateway FEE
No Weekly Fee
No Minimum or Maximum turnover
FAST Setup Time – (days)
Merchant Account for Iceland: Service we offer..
Payment Processing Security
We work exclusively with PCI compliant companies to ensure that the highest standards of the Payment Card Industry are maintained throughout the transaction. We also offer chargeback prevention tools to help higher risk merchants be more proactive with their sales.
Plug and play
Our payment solutions are modular API solutions that can be easily and quickly integrated into any website.
Live, real-time payment processing gateway and virtual terminal credit card processing o accept all major credit and debit cards.
Fast payment cycles with multiple payment options including recurring billing options as well as one time payments.
All our staff are experienced within the payment industry and available to advise Icelandic Merchants with the best possible solutions and services for your business.
High approval rates
On average, we approve 95% of our merchants even if you have poor credit or are on the Match List. We assess each merchant application individually.
We can save you substantial amounts of money by offering some of the lowest rates in the industry from 1.8% as well as very low fees. Please note, rates are dependent on a full analysis of your business model and website offering.
Online Payment Solutions
High Risk, Ecommerce Merchant Account Services
merchant services for Iceland
Country Code: IS
Capital City: Reykjavik
Dominant Religion: Christianity
Time Zone: UTC
International Dial Code: 354
Approved Sectors include:
- Forex Merchant account
- CryptoCurrency Merchant Account
- Adult merchant account
- MOTO Merchant account
- Offshore account
- High Risk Merchant Account
- Low Risk merchant account
- Ecommerce merchant account Iceland
We’re expanding our acquiring network in Iceland and we need your help.
Are you an acquirer in Iceland or are able to acquire cards in Iceland?
With the increasing number of inquiries we are receiving from Icelandic businesses, we’d like to invite you to join our global partners network and work with you for mutual benefit. We strive to work with local knowledge and expertise.
We specialise in high risk, high volume online businesses but we are always looking for lower risk and card-present solutions.
Please reach out and let us help you increase your processing portfolio.