RYVYL (EU)

RYVYL (EU) Overview For Merchants

RYVYL (EU) is an EU regulated electronic money institution that provides acquiring, online payment accounts, issuing, and risk services for European merchants. As a principal member of Visa and Mastercard and a member of China UnionPay for e-commerce acquiring, RYVYL (EU) supports card acceptance for EU and EEA businesses that sell to global customers. The company is headquartered in Sofia, Bulgaria, and participates in SEPA Credit Transfer to enable EUR account transfers and settlement.

Quick Facts

• Regulatory status: Electronic money institution regulated by the Bulgarian National Bank

• Card scheme memberships: Visa and Mastercard principal membership for issuing and acquiring, UnionPay membership for e-commerce acquiring

• Geographic focus: EU and EEA merchants, serving global consumers

• Core products: Acquiring, online payment accounts with personal IBANs, prepaid card issuing, and risk management

• Security and compliance: PCI DSS Level 1 compliant, GDPR compliant

Core Services

Acquiring

RYVYL (EU) provides card acquiring for Visa, Mastercard, and UnionPay e-commerce. The service covers authorization, clearing, and settlement of card transactions within these networks. European-based merchants can onboard directly or via registered PSPs and resellers. Documentation and fee schedules are published for transparency, including general terms for acquiring and a tariff of fixed fees.

Key points:

• Accepts EU and EEA merchants that sell domestically or cross-border

• Processes credit and debit transactions for the supported card brands

• Offers commercial arrangements for direct merchants and for PSP or referral portfolios

Online Payment Accounts and SEPA Participation

Beyond acquiring, RYVYL (EU) offers online payment accounts with personal IBANs as an alternative to traditional bank accounts. Merchants use these accounts to receive acquiring proceeds, initiate transfers, and manage operational funds.

What merchants can do:

• Receive funds from acquiring partners into the RYVYL (EU) account

• Send SEPA credit transfers and other outgoing transfers to third parties

• Execute mass payouts and internal transfers between own currency accounts

• Access the online system 24 hours a day for account management

Issuing

RYVYL (EU) issues prepaid Visa cards and offers white-label solutions and APIs for partners that need card programs. Cards can be used for POS, ATM, and e-commerce transactions. Issuing terms and fees are published in separate documents for program setup and operations.

Risk Management and Compliance

RYVYL (EU) provides risk and fraud controls tailored to e-commerce. Capabilities mentioned include integrated fraud screening, dynamic 3-D Secure, real-time reporting and analytics, dedicated risk analysts, and chargeback or dispute handling support. The company states PCI DSS Level 1 compliance and GDPR compliance on its site.

Supported Payment Methods and Regions

• Cards: Visa and Mastercard for issuing and acquiring, and China UnionPay for e-commerce acquiring

• Regions: EU and EEA merchants can apply. Accepted businesses may transact with global consumers, subject to card scheme and compliance requirements.

If your business needs local payment methods or specific wallets, confirm availability during technical and commercial scoping since the site emphasizes the card networks listed above.

Pricing And Fee Structure

RYVYL (EU) publishes both fee models and fixed tariff items.

Pricing Models

• Interchange Plus Plus: A margin that is added on top of the card network Interchange and Scheme Fees, typically expressed as a percentage plus a per-transaction fee above the underlying costs.

• Blended: A single merchant discount rate by card type or class. Merchants can opt for this model rather than Interchange Plus Plus.

Merchants also see references to card network interchange and scheme fees in the acquiring section. These fees are set by the networks and vary by card and transaction type.

Tariff Items And Examples

A separate tariff document lists fixed fees and program charges. Examples include:

• Issuing of processing MIDs: Free in EUR, GBP, and USD. Additional currencies are chargeable per website.

• Monthly fraud and chargeback file report: A fixed monthly fee if you use the data-file service.

• Chargeback handling: A per-item fee for fraud or dispute chargebacks.

• Program compliance items: Mastercard collaboration accepted fee and, for merchants on blended pricing within specific MCCs, a small per-transaction fee under Visa’s Integrity Risk Program.

• Fraud program charges: From September 2025 the tariff references Visa’s VAMP program charges and Mastercard fraud-to-sales threshold breach fees where applicable.

• Miscellaneous charges: Courier, translations and legalization, Webshield monitoring, and KYB document retrieval at cost plus service fees.

General provisions specify the currency of fees and that RYVYL (EU) may calculate equivalents using the Bulgarian National Bank daily rate. The tariff also clarifies applicability by merchant type, including direct merchants and merchants onboarded under PSP or referral arrangements.

Integration, Reporting, And Controls

• Risk and authentication: Dynamic 3-D Secure and integrated fraud screening for card-not-present transactions

• Analytics: Real-time reporting and analytics are referenced for monitoring sales, risk indicators, and disputes

• Chargebacks and disputes: Processes and definitions are set out in the acquiring general terms, including chargeback handling and merchant responsibilities

Merchant Eligibility And Onboarding

RYVYL (EU) states that it accepts European-based merchants that sell to global consumers. The general terms define a merchant as a legal entity registered in the EU or EEA, including Iceland, Liechtenstein, and Norway. Onboarding is facilitated through online forms for pre-approval and full application. As with any acquirer, businesses should be prepared to provide corporate documentation, ownership information, business model details, processing forecasts, and website compliance evidence. RYVYL (EU) may also set reserves or special conditions depending on risk.

Settlement And Payouts

With online payment accounts and SEPA participation, merchants can:

• Settle card proceeds into the RYVYL (EU) account

• Move funds via SEPA credit transfer to external EU bank accounts

• Execute mass wires and internal currency transfers between owned accounts

Settlement timing, funding flows, and currency handling are governed by the merchant agreement and general terms. If your operations require multi-currency settlement or specific payout schedules, confirm these during contract negotiations.

Compliance Notes For Merchants

• PCI DSS: The site indicates PCI DSS Level 1 compliance. Merchants that store, process, or transmit card data remain responsible for their own PCI obligations.

• PSD2 and SCA: The general terms reference PSD2 and strong customer authentication. Merchants should ensure their checkout supports SCA exemptions and 3-D Secure flows aligned with the card networks and acquirer rules.

• Fraud and dispute programs: Visa VAMP and Mastercard ECM or EFM programs can trigger remediation plans or fines when thresholds are exceeded. Review the tariff and general terms to understand potential costs and actions if thresholds are breached.

• Acceptable use and MCCs: Some merchant category codes carry additional scheme requirements or program fees. Confirm MCC assignment during onboarding.

When RYVYL (EU) Fits

RYVYL (EU) is suitable for EU and EEA e-commerce merchants that prioritize:

• Card acquiring across Visa and Mastercard, with UnionPay support for e-commerce

• Consolidated flows where settlement feeds into an online payment account with SEPA transfers

• Transparent fee models with a choice between Interchange Plus Plus and blended

• Documented risk controls, dispute handling processes, and published program charges

PSPs, ISOs, and resellers may also assess RYVYL (EU) through the partner program for portfolio onboarding.