E-Commerce for Hard-To-Place Business Types
Founded in 1998, Verotel is a merchant account provider that specializes in high risk e-commerce transactions, with an emphasis on selling digital goods and viewer subscriptions. The company also does business as GayCharge, which allows merchants to accept credit cards while protecting customers’ sexual identity.
Issues with Fun Holds
High risk merchants face a unique set of challenges compared to standard risk businesses. Fund holds are among those issues. Dozens of merchants have had their payments frozen by Verotel. If you’re one of them, then you might find these resources helpful:
- How To Make Your Payment Processor Release Your Money
- How to Fight Chargebacks
- Best Merchant Accounts for Hard-To-Place Business Types
Headquartered in Amsterdam
The company was initially based in San Francisco but has since relocated to its current headquarters in Amsterdam. Verotel does not publicly list an acquiring bank, and the company is headquartered at Danzigerkade 23D, 1013 AP, Amsterdam, Netherlands. Joost Zuurbier is listed as the most recent CEO of Verotel.
Verotel Review Table of Contents
- Costs & Contract: Verotel offers two separate pricing plans with per-transaction fees in excess of 10%.
- Complaints & Service: Verotel has received more than 10 public complaints.
- BBB Rating: Verotel does not have a profile with the Better Business Bureau at this time.
- Sales & Marketing: Verotel does not appear to hire independent sales representatives and has not received any complaints about its sales practices.
- Rates & Fees: How Merchants Got The Best Rates With Verotel