How to open a payment system account in PixPay
Main characteristics and experience with the payment system
Cost
2750 USD
Beginning of cooperation
February, 2022
Last contact
July, 2022
Last update
November, 2023
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- It is possible to open a current account and Internet acquiring bank cards;
- Outgoing payments in EUR and SEPA only;
- No minimum balance requirements;
- Minimum turnover requirement is 1-2 million EUR;
- It's possible to open a cryptocurrency account, but only if you have a license;
- Open accounts for offshore companies;
- Provide unique IBAN;
- Active Internet Banking; A large list of KYC's;
- Large list of KYC;
- Possible to issue cards (Visa, MasterCard);
- There are Russian-speaking staff;
- Offices in Russia, New Zealand, UK, Latvia and Egypt
Cost
2750 USD
Beginning of cooperation
February, 2022
Last contact
July, 2022
Last update
November, 2023
General information and GSL rating
2008
Year of foundation
UK
Country of license issue
FCA
Regulator
GSL rating
Year of foundation
2008
History
Started its activities in 2008
Personnel
There are Russian-speaking staff
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Minimum requirements
1 000 000
Minimal turnover, €
0
Minimal balance, €
Yes
Do they work with offshore companies
No
Do they require a substance
Minimal turnover, €
1 000 000
Restrictions by jurisdiction
No
Restrictions by activity
It is possible to open an account for cryptocurrency, but only if you have a licens
Restrictions by substance
No
Tariffs and services
50
Array
250
Array
1 200
Account maintenance, €/month
0
Acquiring commission
Account opening procedure, €
The fee for the account opening is 600 EUR. Accelerated opening (1 day) - 1,500 EUR. Fee for account closing - 150 USD
Array
The transfer fee (System accounts) is 0.25% (min 1 EUR). SEPA transfer fee is 50 to 150 EUR. The fee for non-SEPA transfers is from 75 to 175 EUR
Array
Fee for incoming payment (System accounts) is 0.25% (min 1 EUR). SEPA incoming payment fee is 0.50% (for amounts up to 50.000 EUR, min 5 EUR) and 0.75% (for amounts over 50.000 EUR, min 10 EUR). Non-SEPA incoming payment fee is 0.75% (for amounts up to 50.000 EUR, min 30 EUR) and 1.00% (for amounts over 50.000 EUR, min 40 EUR)
Account maintenance, €/month
The account maintenance fee is 100 EUR monthly
Other services
It is possible to issue cards (Visa, MasterCard)
Account opening procedure
Account opening terms
Case by case
Possibility of remote account opening
Yes
Business description
Detailed
Types of accounts
Current
Document requirements
Large KYC list: among others (completed bank forms; copy of customer passport; proof of address; standard set of corporate documents) will require Rental agreement as proof of operating address of the Company, Audited FS (if applicable), Organizational chart, Tax declaration or Bank statement / Reference and CV for each individual, and Bank reference for UBOs
Possibility of remote account opening
It is possible to open an account and be identified remotely. If you wish, you can arrange a personal meeting with the manager
Types of accounts
Current
Chances to open an account
Predictable
Business description (text description)
Requirements for the description of standard activities: a story about the current state of the business and its formation, disclosure of the source of funds, biography of the beneficiary of the account and contact information
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