PAYCLY is one of the best payment gateway providers in Greece (the Hellenic Republic or Ελλάδα ). A payment gateway serves as a link between the merchant's webpage (or app) and the acquiring bank. Its task is to transmit payment data securely among the parties engaged in transactions. A payment gateway implements additional safety measures, such as tokenization and encryption, before transferring the payment information to protect the transaction. Those who offer payment gateways must hold the highest level of PCI-DSS compliance. Using a payment gateway, you can take online payments in both local and foreign currencies for your products and services.
Greece is regarded as the origin of Western civilization and is home to Europe's first highly developed civilizations. Greeks were the ones who started international trades thousands of years ago. Nowadays, the market trend has changed; people are moving towards the online marketplace (ecommerce). Growth of the internet, digital banking and other modern technologies drives the leading role in adopting E-commerce. The internet penetration in Greece is 82.7% at the beginning of 2022. In Greece, the Ecommerce revenue reached $4.67 billion in 2022 and is expected to rise 6.75 billion in the next three years.
An international payment gateway is a basic need for online merchants. It enables online retailers to accept payments using various methods, such as credit or debit cards, bank transfers, ACH, cryptocurrency, etc. Since it's so convenient to access the entire market via a computer or mobile device after the epidemic, most individuals now prefer to shop online. It enables price comparison, offers the best deals, and provides home delivery of goods and services. Additionally, customers that shop online save a tonne of time. The online marketplace also makes it simple for entrepreneurs to launch their firms just from their homes.
Payment gateways are divided into three groups, and PAYCLY offers you all of them. These groups are as follows:
For easy understanding, we provide a shortened illumination of the procedure.
In Greece, several PSPs offer payment gateways, including recognized brands like Paypal, Verifone (2Checkout), Stripe, Paypal, Amazon Pay, BlueSnap, Worldpay, etc. But none of them is the best as they all have some disadvantages: they are overpriced, support a limited number of payment methods and currencies, do not offer customization according to your needs, and do not support your unregulated sector business.
On the other hand, PAYCLY is a payment service provider that offers you the lowest rates in the country and multiple price models so that you can choose as per your requirements. We accept payment via 100+ alternative payment methods, including credit cards, bank transfers and crypto. Furthermore, PAYCLY provides the highest level of security using AI, ML and 2D/3D authentication and has PCI-DSS compliance (level 1). Below are some notable qualities we have:
We discussed in the blog that a payment gateway is a fundamental need to start an online business. If you are a merchant looking to obtain a payment gateway, an international payment gateway or a high-risk merchant account, In that case, we suggest that you can choose PAYCLY as it is the best payment service provider in Greece. You can reach info@PAYCLY.com for more information.
PAYCLY gives you every payment solution that an online business needs. We provide a wide range of services in addition to payment gateways, such as credit card processing, electronic invoicing options, and high-risk international merchant accounts. We support all businesses equally, and we've created a few merchant accounts with high-risk traits and industry-specific features. We have a lot of expertise in offering merchant accounts and payment gateways to the following industries:
| Casino Merchant Account | Forex Merchant Account |
| E-Commerce Merchant Account | Fantasy Gaming Merchant Account |
| Escort Merchant Account | Adult Toys Merchant Account |
| Dating Merchant Account | E-Cigarettes Merchant Account |
| Tobacco Merchant Account | SMM Panel Merchant Account |
The Payment Card Industry Security Standards Council (PCI SSC), an autonomous institution established by Visa, MasterCard, American Express, Discover, and JCB, is accountable for regulating and managing the Payment Card Industry Data Security Standard (PCI DSS), a set of guidelines. Companies that receive, store, or send credit card data must comply with PCI DSS to safeguard customer card details.
PAYCLY has PCI-DSS Level-1 compliance, the highest level of certification PCI- SSC provides for payment details protection.
