Best Payment Service Providers in Europe

Best Payment Service Providers in Europe

Are you planning to do business in Europe? Here is the ultimate list of Best Payment Service Providers (PSPs) in Europe, perfect for Small and Medium-size Businesses.

This post may contain affiliate links and I may earn a small commission when you click on the links at no additional costs to you.

This list includes only European payment gateway providers with easily understandable and transparent pricing. I deliberately exclude well-known options like PayPal, Stripe, or Skrill. I guess you know those already. If not, read my story about Online payment processing solutions for the WooCommerce store.

For those too lazy to read all article, here is my personal pick:

Best for DropshippersBest for high risk industriesBest for small business
Cardinity - best for dropshiperSecurionpay - best for high risk industriesMicropayment - best for small business

PayPal or Stripe are OK, but those are not precisely European payment processors (although often used by European merchants).

These two payment service providers are also notorious for putting your accounts on hold with no warning or way to get it back taking payments.

Besides, these two giants have an element of low-value perception among customers because any merchant can get PayPal or Stripe.

Table of Contents

Why you should look for Payment Service Providers in Europe

The answer is obvious. If you are doing business in Europe, you will be better served with European payment processors. By this I mean, lower fees and the possibility to accept transactions with local payment methods.

Even if you are not European, there are plenty of reasons why you should do business in Europe. The EU is the largest economy in the world. Although growth is projected to be slow, the EU remains the largest economy in the world with a GDP per head of €25 000 for its 500 million consumers.

European countries have substantial consumer bases – even the poorest European countries tend to be wealthier than countries in other continents. Besides, Europe is one of the leading business destinations due to its economic, social, and political stability.

The EU benefits from being one of the most open economies globally and remains committed to free trade. So, it is relatively easy to incorporate your business in Europe even if you are a foreigner.

Read also: Best Cryptocurrency Payment Service Providers In 2021

Best European Payment Service Providers in 2021

I don’t want to follow the footsteps of notorious blogger Adam Enfroy who manage to extend a guide about how to download YouTube videos in 2429 words. Hi Adma! 🙂 

So, without further ado, let’s get started. Here is the ultimate list of the best payment service providers in Europe. 

By the way, if you struggle to understand some specific terms, read my previous article Payments 101 – Common online payment industry terms and definitions.


Best Payment Service Providers in Europe in 2020: mollie


  • Quick setup
  • Honest pricing
  • All leading payment methods

Mollie is an Amsterdam-based, innovative payment service provider with a strong focus on technology, innovation, and reliability. This payment service provider is a popular alternative to Stripe and PayPal among European merchants. Mollie supports nearly every payment method relevant in the European context.

The company claims to be a technology-based company processing payments for more than 50.000 clients. Besides all traditional online payment options (Mastercard, VISA, Amex, etc.), Mollie also offers various local European e-commerce payment methods, such as iDEAL, Bancontact, Bitcoin, SEPA Direct Debit, Cartes Bancaires, ESP, Giropay, SOFORT Banking, and more.

Mollie fees and pricing

All fees are openly listed on the company’s web page. Mollie offers a Pay-per-transaction contract with no early termination fee, no monthly fees, and no other fees besides its per-transaction pricing. Every Mollie´s user is eligible for the company’s flat transaction pricing, which charges 1.8% plus €0.25 for European Mastercard and Visa, and 2.8% plus €0.25 for American express. You can check out the full pricing list on the company´s webpage.

Volume pricing is offered for merchants who process over 2,500 transactions or more than €50,000 monthly.

Chargeback costs for credit cards are € 19.00 excl. VAT, for a failed SEPA direct debit – € 7,50 plus € 0,25 (fee of the failed transaction). According to their User Agreement, a rolling reserve can be set as a risk-limiting function. This means that a part of an incoming transaction will be temporarily held at Mollie.

How to open an account with Mollie

First, you must have registered business to open an account with Mollie. Therefore your business must be registered in the trade register of the country of establishment within the EEA (European Economic Area) and Switzerland. Mollie does not work with companies outside EEA and Switzerland.

Another thing – Mollie does not work with high-risk merchants. Prohibited products and services are listed on the company´s help page.

Usually, it takes only a couple of minutes to open an account online and a few more hours to get approved.

Mollie, Dashboard

For approval, you will need to provide a copy of your ID and some details about your business, including the URL of your business website. 

Note that to be approved, your website must have a privacy policy and terms & conditions pages

It also must have a refund policy and list all applicable sales terms. You will also have to link and verify your business bank account by sending a transfer to Mollie.

Once approved, you will have to enable the payment methods you want to use.

Mollie integration with popular eCommerce platforms

As an innovative, tech-savvy company, Mollie stacks out of the crowd with dozens of integrations offered out of the box. Needless to say, the company has plugins and extensions for all major eCommerce platforms such as WooCommerce, Shopify, and OpenCart, among others.

Conclusion about Mollie

Mollie pros

  • Simplified pricing
  • Seamless payment option integration

Mollie cons

  • Not suitable for high risk industries
  • Not possible to create invoices

Mollie helps businesses of all sizes to accept payments online and build more efficiently with a reliable but easy-to-use payment solution. Overall, with its more than 90.000 customers, it is one of the most popular payment service providers in Europe. Definitely one of the best options if you are in low-risk legit business in Europe.


Best Payment Service Providers in Europe in 2020: SecurionPay


  • One-click payments
  • Tokenisation
  • PCI Level 1
  • 3D-Secure
  • Quick payments without redirects
  • Anti-fraud tools

SecurionPay is a highly secure online and mobile payment service provider from Switzerland. Company is a one-stop solution for businesses that require online payments and paid subscriptions. Their solution is designed to facilitate payments among a varied range of industries, such as e-commerce, online dating, online gaming, and ticket purchasing, to name a few.

Through innovative technology, know-how and years of experience in payment solutions, banking, and IT development, SecurionPay has evolved to become not only the most technologically advanced platform of its kind but also the most robust and reliable solution in the market. Unlike most payment service providers, SecurionPay is more risk-hungry. They accept businesses from some high-risk industries such as adult content, online gaming and regulated Forex for example. Full list of accepted businesses is available on company´s website.

Besides conversion and user experience, SecurionPay strongly focuses on security. As a PCI level 1 company, it provides a set of effective anti-fraud tools, machine learning solutions, and AI-based infrastructure to fight fraud actively. It has also developed a non-invasive 3D Secure that minimizes chargeback ratio without hindering conversion.

SecurionPay fees and pricing

SecurionPay has transparent pricing structure. Company claims to have no hidden fees and charges. 

For low-risk merchants company offer Free setup and simple pricing for a successful transaction: 2.95% + 0.25 Euro.

You can’t completely avoid chargeback with any payment gateway. With SecurionPay every chargeback is subjected to a fee of € 19.00. However, SecurionPay provides some fraud prevention tools to ensure that someone isn’t scamming you with a chargeback.

For merchants with monthly processing volume more than 150000€, SecurionPay offers custom pricing.

For high-risk merchants, fees start from 4.9% + 0.35 Euro for a transaction, besides that additional registration fee of € 500 may apply.

According to their webpage, every chargeback is subjected to a fee of 25 Euro. It is also stated that a rolling reserve can be set from 5 to 10% withheld for a period of 6 months depending on the business model and volume processed.

How to open an account with SecurionPay

Due to Card Association rules and banking regulations, you need to have a corporation to work with SecurionPay. SecurionPay works only with companies incorporated in Europe. You can find the list of supported countries and businesses here.

Initial sign-up fit SecurionPay is pretty much straight forward. After clicking on the Sign-Up button and start filling out the requested fields with your company details and contact information. Seconds later, you will be inside of merchant’s account interface, ready to start the integration.

Securionpay dashboard

To get approval as a merchant, there are certain conditions to be reached. SecurionPay has made this chart to summarize key points:

Best Payment Service Providers in Europe in 2020: SecurionPay

SecurionPay integration with popular eCommerce platforms

With SecurionPay merchants can choose from countless ways of integrating the system to find a perfect match for them and their products. This payment service provider offers extremely simple integration and versatile APIs that enable merchants to create any payment scenario based on their setup.

For straightforward integration merchants and developers can visit SecurionPay academy. It is library of video tutorials about implementation of SecurionPay.

SecurionPay’s flexible and robust API, the company developed simple drag and drop technology so even non-technical users can easily implement payments. Full list of integrations is available on company´s website section “integrations“.

Conclusion about SecurionPay

SecurionPay Pros:

  • Fast customer interface
  • Detailed payment tracking
  • Flexible, customizable software
  • Relatively low processing fees for High-risk merchants

SecurionPay Cons:

  • Merchant approval process takes some time

SecurionPay is the most innovative and friendly card payment service provider for European based online businesses, also in the high-risk industry. Large corporates though to small start-ups trust SecurionPay to process their online transactions securely and effortlessly on a global basis.

Company claim that they will approve high risk businesses in 48H, so if your European business falls into high-risk industries such as adult content or gambling, SecurionPay must be your first choice to consider.


Best Payment Service Providers in Europe In 2020: Cardinity


  • Processing of the most popular credit and debit cards
  • Recurring payments for subscription services
  • Instant one-click payments
  • Smooth integration with the most popular e-commerce platforms
  • Enhanced security measures
  • 3D Secure authentication tool
  • Professional responsive support team

Founded in 2007, its fair to say, Cardinity is one of the oldest European credit card processing companies. Cardinity is a licensed European payment processor regulated by the Central Bank of the Republic of Lithuania (and active in the European Union). It is a licensed payment service provider registered on Visa and Mastercard networks to provide a global payment solution.

Cardinity is providing e-commerce websites with a payment gateway and a merchant account. Online merchants from the EU/EEA countries can use Cardinity payment services and charge customers all over the world. Company offers to its customers all modern payment service provider features, such as recurring billing, one-click payments, tokenization, enhanced security measures, 3D Secure tool, and more. And last, but not least, Cardinity is willing to cooperate with variety of businesses, including big chunk from high-risk industries list. Dropshipping, adult entertainment or travel business are just few of the high risk industries supported by Cardinity. More detailed information is available on company´s webpage.

Cardinity fees and pricing

The Cardinity website advertises simple and transparent pricing. Company offers Pay only for what you use model with per-transaction rate of 1.30% plus €0.25 (for European cards). There are no setup fees or monthly fees. It is clear, that this is teaser price for low-risk businesses. If you operate in high-risk industries or processing more than €50,000 per month you should contact Cardinity´s sales team for estimate quoting.  

Anyway, company claims to have no hidden fees. Setup, integration, security measures and other useful features are absolutely free of charge, although, an additional not specified cross-border fee applies for payments with cards issued outside of the EU/EEA.

According to information from company´s website, every chargeback is subjected to a fee of 25 Euro. Cardinity also may set up a rolling reserve of 5% or 10% depending on your specific business details.

How to open an account with Cardinity

Different from other payment service providers in Europe, Cardinity works with companies and individuals. To get started with Cardinity, first you have to check if your website has all specific requirements for online shops.

If so, you should fill up the online sign-up form. At this stage you will be asked only for some company details and estimated value of sales. After sending a sign-up form, Cardinity sales team will contact you in next 1-2 business days.

Cardinity sign up

It is stated in Cardinity´s help center section that their risk department thoroughly reviews every application form. The decision to approve or decline an application form is always made on a case by case basis.

If you get approved, Cardinity uses the Ondato service to verify new clients and update information on the current ones. Ondato is a digital identity verification service widely used by various e-businesses. Their system lets companies securely collect and verify their clients’ identities. It means, all identification process is done online.

Cardinity integration with popular eCommerce platforms

Like majority best payment service providers in Europe, also Cardinity has tons of free modules perfectly optimized for the most popular shopping carts and e-commerce systems.

Conclusion about Cardinity

Cardinity Pros:

  • Easy boarding process
  • Works with dropshipers
  • competitive fees

Cardinity Cons:

  • fraud prevention policies more aggressive than are common for the industry

Cardinity is decent option for European eCommerce Businesses.  They offer competitive processing rates and also work with some high-risk industry businesses like dropshipping, gambling or adult industry. They have excellent customer support and transparent pricing policy, and finally, Cardinity has been around long enough to proof themselves as reliable partner in online in payment processing business. Especially if you are in dropshiping business, this is definitely payment processor for you.


payment processor Europe: Paylike


  • Instant sign up
  • Custom payment form
  • Customizable pop-up
  • Card tokenization
  • Weekly payouts

Paylike is another payment gateway provider from Europe with headquarters in Aarhus, Denmark. Company was created in 2014 and since then provides their customers with modern full-stack payment platform.

The company emphasizes their API-first approach making almost anything possible which makes it perfect solution for developers, SaaS companies and tech startups.

With Paylike easy to use payment gateway anyone can start accepting credit card payments within minutes.

Paylike fees and pricing

The company’s pricing is transparent and easy to understand. There is no no set up or monthly fees. Company charges 1.35 % + 0.25 EUR transaction fee for European cards or 2.5% + 0,25 EUR transaction fee for non-European cards.

Refunds are free, but for every dispute company charges flat 35.00 EUR fee.

The company also offers instant currency exchange (to your settlement currency) with currency conversion at a rate 2 % from the mid-market price and free payouts to any EU bank account.

In most cases, Paylike uses, rolling reserve which means that no security or guarantees are required up front before starting to accept payments. Instead, you build up a reserve to cover unforeseen expenses such as refunds or chargebacks. According to company’s webpage, usually rolling reserve is 5% of the total transaction volume held for 80 days.

For enterprise and high-risk businesses Paylike offers special pricing quoted case-by-case.

How to open an account with Paylike

Signing up with Paylike is easy. Company claims that you can get started in just 3 minutes. Once you have a created a live account you are ready to accept payments from your customers. However, before you can move your funds from your Paylike account to your regular bank account, you need to get approval.
A regular account approval takes 1-3 business days. In general, Paylike works with low risk businesses. Merchants from high-risk industries are advised to get pre-approval before starting to accept payments.

The good thing is, Paylike offers their e-commerce payment methods to EU businesses and private individuals. It means that if you are an individual operating your private business legally in your country without a registered business or business license, you can open an account with Paylike.

Paylike integration with popular eCommerce platforms

Paylike offers seamless integration via API. Company also has custom made plugins for 18 major e-commerce platforms including WooCommerce, PrestaShop, Magneto and OpenCart among the others.

Conclusion about Paylike

Paylike Pros:

  • Easy setup
  • Easy integration
  • Low fees
  • Also private individuals can apply

Paylike Cons:

  • Long list of restricted businesses

Despites nonsense name, this European company has gained lots of fans over the years. Users comments on Trustpilot confirms this claim. With easy onboarding process and its low fees, Paylike might be the wright choice for many European entrepreneurs from low risk industries.

Easypaymentgateway (EPG)

payment processor Europe: Easypaymentgateway (EPG)


  • Dashboard and Reports
  • Easy Integration
  • Global Coverage
  • Fraud Protection

Easypaymentgateway definitely stands out against other European payment service providers from this list. The company is incorporated in Gibraltar with offices in London, Madrid and Malta. The Easy Payment Gateway platform offers customers 240 suitable payment methods, of which 190 are alternatives. In addition, they work with 35 bank card processors worldwide, all with a single integration.

With their prime focus on gambling industry, EPG has developed the most innovative payment gateway for the iGaming industry, increasing the operator’s conversion rates with its unique routing engine.

Easypaymentgateway also targets small and medium size businesses with unique auto-boarding, payment pre-authorizations and Pay by Link solutions

Easypaymentgateway fees and pricing

The company claims to have no hidden costs or surprises. Anyways, company’s pricing is a bit confusing. Unlike other payment service providers in Europe, Easypaymentgateway has 11.49 EUR monthly fee + 0.24 EUR transaction fee. There also is 0.09 EUR fee for sent invoice, but company offers 5 invoices free per month. As a bonus, they also offer 100 first transactions or the first 1,000 EUR processed for free.

These prices do not include the costs associated with the payment solution chosen. Payment solution costs will be charged directly by each solution.

How to open an account with Easypaymentgateway

Easypaymentgateway accepts merchants based in EEA (European Economic Area). According to EPG website, there are 5 easy steps to get started:

  1. Create an account
  2. Complete your financial details and configure your payment details (Currency, country…).
  3. Obtain your payment credentials
  4. Start integration
  5. Go live and accept payments!

Easypaymentgateway integration with popular eCommerce platforms

The company offers several integration methods through their API. On Easypaymentgateway website are listed guides for Hosted Integration, Host to Host Integration and JavaScript Integration. Company also has plugins WordPress and PrestaShop.

Conclusion about Easypaymentgateway

Easypaymentgateway Pros:

  • Focus on gambling industry
  • Many e-commerce payment methods integrated
  • Elaborated fraud prevention methods

Easypaymentgateway Cons:

  • Confusing pricing
  • No information about prohibited businesses

Due limited information given by the company it is difficult to compare Easypaymentgateway with other European payment processors from this list. Company’s fees are above average in industry and integration with popular eCommerce platforms are quite limited. From the other hand, company advertises itself as expert in gambling industry what makes it catch for virtual poker, casinos and sports betting businesses which otherwise are struggling to find a reliable payment processor partner.


Best Payment Service Providers in Europe: AlltoBill


  • Fast & simple integration
  • Secure payment process
  • Wide choice of payment methods
  • Recurring payments

This is another Swiss based Payment Service Provider founded in 2017 with headquarters in Basel. AlltoBill provides a whole range of products that makes sending and receiving payments a piece of cake. With AlltoBill Payments, merchants can quickly and securely offer the most popular eCommerce payment methods to their customers.

 In addition to the most common credit cards, AlltoBill also offers other popular European payment methods such as Apple Pay, SOFORT, Giropay, iDEAL, Bancontact and Alipay.

AlltoBill fees and pricing

AlltoBill charges a fixed fee and a percentage fee on each credit or debit card payment received. The costs for all card types remain the same.

And here comes surprise! AlltoBill Payments uses Stripe as credit card acquirer, therefore, their transaction fees are the same as it is with Stripe. The fees in EU countries are 1.4% + EUR 0.25.- per successful card charge (for european cards) and 2.9% + EUR 0.25. per transaction for non-European cards.

Depending on your AlltoBill-License, there are additional transaction fees from AlltoBill that may occur. They vary between 0-1%.

European payment getaways: AlltoBill

So, If you’re using the AlltoBill Free-License, you won’t pay any annual fees, but there will be an additional 1% transaction fee from our side on top of the already existing 1.4% + EUR 0.25.- charge.

How to open an account with AlltoBill

Initial sign up with AlltoBill is easy and takes just a couple a clicks. After the registration you will receive an email with your login details and password.  Your account will be immediately active with 30 days trial plan. No surprise, account full activation is similar to Stripe. You will have to provide key information about you and your business. Here you will find detailed step-by-step instructions how to activate account with AlltoBill.

AlltoBill integration with popular eCommerce platforms

For tech savvy merchants AlltoBill has designed the API with attention to detail providing a wide range of functions, which will allow you to create a unique and innovative shopping experience for your customers.

Another option is to choose easy integration into external shopping cart providers through tested and ready-to-use plugins.

Conclusion about AlltoBill

AlltoBill Pros:

  • Fast and Easy onboarding
  • Supports all major credit cards and popular European payment methods.
  • Elaborated fraud prevention methods

AlltoBill Cons:

  • Powered by Stripe
  • Pricing above industry average

AlltoBill is alternative to Stripe. To be more precise, it is alternative way to obtain Stripe account through back door.

Like stripe, AlltoBill has long list of prohibited businesses. So this payment service provider is not an option for merchants from high risk industries. But for those on safer, low risk side and who are looking for enchanted Stripe account and are willing to pay a bit extra for that, AlltoBill might be the wright choice.


payment service provider Europe: Klarna


  • Easy checkout
  • Single integration
  • Customer risk assessment
  • Customer Financing and Pay Later option

Klarna is Swedish e-commerce company founded in 2005. It provides online payment service solutions with unique twist.

The core service of the company is Klarna Checkout. It is complete payment solution where Klarna handles your store’s entire checkout. Klarna offers three payment methods:

  • Pay now (card payments),
  • Pay later (invoice)
  • Financing (installment plans of 6, 12, 24 and 36 months with flexible payments).

Klarna is making online shopping easy. The company spotlights its easy financing option, which stimulates impulse shopping. At the same time it is it is beneficial for the sellers, because Klarana provides immediate payments for merchants.

Klarna fees and pricing

The same, like other modern payment service providers from this list also Klarna displays its fees on their website.

Rates depend on the country you’re accepting the payment from, based on the currency used by the customer:

CountryTransaction Fees
Austria1.99 % + 0,35 EUR
Finland2.75 % + 0,35 EUR
Germany1.99 % + 0,35 EUR
Netherlands1.19 % + 0,25 EUR
Norway2.79 % + 3.50 NOK
Sweden2.79 % + 3.50 SEK
United Kingdom2.49 % + 0,20 GBP
Klarna Fees in different countries

Klarna doesn’t tie you into any contracts and this means you also don’t need to worry about any early termination fees.

Rolling reserve and chargeback fees are negotiated individually on case-by-case basis.

How to open an account with Klarna

According to Klarna, it only takes a few minutes. Detailed information about onboarding process can be find here.

Klarna integration with popular eCommerce platforms

Klarna checkout is available for many e-commerce platforms and you can integrated it directly to your website. The service is integration is built in such a way that Klarna can make automatic updates to it. In other words, once you’ve integrated the solution, your checkout will continue to be updated to meet any needs your customers might have in the future.

Conclusion about Klarna

Klarna Pros:

  • Innovative payment options designed to help you sell more
  • Financing options for your customers (covered by Klarna)
  • Simple checkout process for customers

Klarna Cons:

  • Poor customer service reputation

Klarna offers some genuinely innovative payment solutions, such as pay in 30 days or pay later. While Klarna’s payment options are truly innovative, the list of credit card issuers it supports is hardly extensive. You can accept payments from customers using cards from Visa, Mastercard and American Express, as well as PayPal.

Anyway, overall Klarna has positive sentiment trend in feedbacks posted on Trustpilot. Unfortunately with its comprehensive list of restricted and prohibited businesses Klarna is a viable option only for merchants working in low risk industries.

Micropayment GmbH (

Credit card processing Europe: MicroPayment


  • Call2Pay
  • Mobile Pay
  • One-time payments
  • Subscriptions
  • On-demand API
  • DSS Level 1 Certification

This European payment service provider from Germany is very special because its exceptional features. Micropayment GmbH is German fintech company from Berlin, originally founded in 2005 with the objective of developing low cost payment methods for merchants with high-quality online content. Since then it has grown to full-service provider that offers its customers a complete range of high-quality services.

Micropayment GmbH is the specialist when it comes to the subject of “secure and fast payment on the Internet”. The company has its own data center and is one of Europe’s leading Payment Service Providers (PSP).

In addition to traditional “accept credit card payments online” Micropayment GmbH offers also unconventional solutions such as Pay by phone (Call2Pay) and Pay by SMS (SMS-Pay).

The professional products and services from Micropayment GmbH offer the right solution for every online shop or content provider.

Micropayment GmbH fees and pricing

First of all, Micropayment GmbH works with companies (commercial organizations), non-profit organizations and with individual entrepreneurs.

Registration with is free of charge. There are no setup costs or monthly basic fee. You will also have no monthly minimum obligations. It means that you can also use micropayment for small shops or for voluntary small payments (e.g. for digital content). Micropayment offers several payment methods and their sample prices are listed online:

1,75% + 0,29€ per transaction (Visa, Mastercard, American Express).  

1,75% + 0,20€ per transaction for direct debit (SEPA),

1,50% + 0,20€ per transaction -online German bank transfer (Sofort)

0,99% + 0,10€ per transaction. -Online Bank transfer (international)

Company states, that for legal reasons, the Call2Pay and Pay by SMS methods may not be used to pay for physical goods. Fees for theses payment methods are negotiated individually on case-by-case basis.

Anyway, company encourages all merchants to contact them directly conditions for you might be as individual as your business.

How to open an account with Micropayment GmbH

Account initial setup is straight forward. You will have to give some basic data about yourself and (if applicable) about your company, your e/mail address and set up a password. After that you will have to confirm your email.

After an e-mail confirmation you will be led to your dashboard. There you can set up a project, choose payment methods and see your stats.

Payement getaway Europe: Micropayment dashboard

Note, that to activate the payment methods you will have to fill out additional forms and send them to Micropayment. This is the only way to ensure that payments are legally compliant and secure.

Micropayment GmbH integration with popular eCommerce platforms

For advanced merchants, Micropayment offers The Whitelabel (API) integration. Otherwise, there are also several ready-to-go plugins for major eCommerce platforms such as Magneto or WooCommerce available.

Conclusion about Micropayment GmbH

Micropayment Pros:

  • Innovative and unusual payment options
  • Easy integration
  • Simple checkout process for customers

Micropayment Cons:

  • No integration plugins for Shopify or OpenCart

Micropayment GmbH is a full-service provider that offers merchants everything from a single source, from the implementation of the software and technical processing of payment transactions to meaningful analyzes and statistics.

The company has rightly won the right to be on this Best Payment Service Providers in Europe for Small and Medium size business list because its unique features and fair prices.

Although Micropayment GmbH works only with European merchants, it is perfect solution for bloggers, small startups and individual entrepreneurs who sell both physical and virtual goods globally, even for small amounts.


Online Payment processing Europe: Twispay


  • Competitive Rates
  • International Payments
  • Insightful Dashboard
  • Swift Onboarding

Built from the ground up with a keen focus on customization and templating, Twispay delivers tailor-made payment services for merchants across EEA and Switzerland.

Company operates in Europe under the electronic money institution license issued by the National Bank of Romania.

This European service provider enables its partners to process payments in any currency from customers all across the world, through Visa, Mastercard, and many other alternative payment methods.

Twispay fees and pricing

Company positions itself aggressive player with competitive pricing. Twispay the setup is free.  On their webpage are listed really low teaser fees.

For credit cards processing – started from 1.3% + €0.10 per successful transactionfor EU Cards, started from 2.8% + €0.10 per successful transaction for Credit Cards from other countries and starting from 1.15% + €0.10 per successful transaction for alternative payment methods.

There are also 0.50 € refund fee.

Unless otherwise specified, Twispay issues full payouts to merchants once every week and charges 5.00 € flat payout fee. According to their Special Terms and Conditions for Twispay Services, merchants should also expect Chargeback fee and Rolling Reserve funds held in special separated account(s) opened by Twispay.

Though company highlight that the prices listed on this page may vary according to your type of business, processing history and other relevant variables.

If your business processes more than 30,000 € per month, you might qualify for custom-volume pricing.

How to open an account with Twispay

First, check if your website has all Twispay compliance conditions.

To start onboarding with Twispay just click the “Get Started” button on the top-right of this page and follow the simple steps to create your Twispay merchant account. As soon as your account is created, you will instantly gain access to the Twispay dashboard.

Once you are in the dashboard, you will be prompted to fill out the Merchant Application Form and the Standard Merchant Agreement. You can do this on your own or request the assistance of account management team.

Twispay works only with EU registered companies.

Twispay integration with popular eCommerce platforms

The company has several customizable modules integrated with the most popular eCommerce platforms. Plugins for WooCommerce, Shopify and PrestaShop are available for download on company’s webpage.

Merchants operating online shops on different eCommerce platform, Twispay encourages contact them for solution.

Conclusion about Twispay

Twispay Pros:

  • Month-to-month contracts.
  • No setup or cancellation fees.
  • No monthly fees
  • Easy integration
  • Simple checkout process for customers

Twispay Cons:

Not a good option for high risk businesses First of all, Twispay does have an extensive list of prohibited business types,

that merchants should be sure to read before signing up. So, it makes company a not good fit for high-risk merchants. 

Otherwise, Twispay system provides users with a very simple and automated way to accept payments online with highly competitive rates.


Best Payment Service Providers in Europe: QuickPay


  • Omnichannel payment services
  • Fraud filter
  • Secured by Nets
  • Dynamic

QuickPay is the safe and smart choice for payment for Internet transactions. Company was started in 2004 with headquarters in Aarhus C, Denmark.

As many other European payment service providers from this list, QuickPay works with all common credit- and debit cards – as well as other popular payment methods such as Paypal, Sofort Banking and other e-banking facilities.

QuickPay fees and pricing

It is stated on company’s website that QuickPay account is free until you process payments. There are no setup fee and no cancellation fee.  Though, QuickPay charges its merchants with €10. 00 monthly subscription fee.

Prices for card processing are 1,35% + €0,1 per transaction for European cards and 2,75% + €0,1 per transaction for non-European cards.

Default Price per payout is 3.00 EUR but can change depending on your business. Obviously, there must be also chargeback fee and some kind of rolling reserve, but information about those are not publicly available.

How to open an account with QuickPay

Setting up an account with QuickPay is straight forward. Company has short how-to video on their website.

To accept payments through QuickPay you will need an acquirer agreement. On acquirers section you will find a list of the acquirers that are supported by QuickPay, and a link that shows how to apply for an acquirer agreement. If you want to apply for an agreement, it is possible to apply for a Clearhaus agreement for Visa and Mastercard directly from the QuickPay Manager.

Quickpay integration with popular eCommerce platforms

For merchants with specific needs, it is possible to make your own integration using QuickPays API. Otherwise, QuickPay already offers plugins for the most used eCommerce platforms. Full list is available on company’s website.  

Conclusion about Quickpay

Quickpay Pros:

  • Month-to-month contracts.
  • No setup or cancellation fees.
  • Easy integration

Quickpay Cons:

  • Monthly subscription fee
  • No information about restricted businesses

If you are established business from low-risk industry with secure monthly credit card processing turnover, QuickPay might be good solution for you. Their fees are competitive, and integrations seems easy enough.