BlueSnap offers local acquiring in 47 countries. Local acquiring provides both lower cost and higher authorization rates. To take advantage of local acquiring, merchants may use existing legal entities or choose to open legal entities in regions where BlueSnap offers local acquiring.

Read more about why you need local acquiring here.

Supported Countries

BlueSnap supports local acquiring in the following countries. If your shopper is in one of the following countries, the payment can be processed locally.

Benefits

Local acquiring increases the number of successful payments and minimizes the costs associated with cross-border fees. You'll also be able to accept more currencies and payment methods around the world, including popular payment methods like AliPay and Ideal. Giving customers the option to pay using payment methods they are familiar with can help reduce the potential for checkout abandonment.

With a single integration to BlueSnap, you get access to our global network of banks. There's no need to manage multiple integrations, source local acquirers, and comply with ever-changing requirements, as BlueSnap takes care of all this for you. While we can process payments globally in all our supported countries, we can process payments locally in the countries listed above.

Merchant Account Structure

We encourage you to consider the following factors when working with BlueSnap to decide how many merchant accounts you will open:

• Local Acquiring
• Legal Entities
• Fraud Prevention
• Payout
• Reporting
• User Permissions
• Point of Sale

In general, we recommend that you have as few accounts as possible while still accommodating your business needs and local regulatory requirements.

Regardless of the number of accounts you have, you will integrate to BlueSnap one time and BlueSnap’s flexible reporting will make it easy to see your data separately for each account or across all accounts.

Legal Entities

In many cases you can link one or more legal entities to a single BlueSnap account.

However, if you have a legal entity in the UK or the EU, you will need a separate account for each of those legal entities due to local regulatory requirements. For example, you may not associate a single account to both a US and a Spanish legal entity, or a single account to a UK and Canadian legal entity. However, you may have a single account for US, Canadian, Australian, and other entities where BlueSnap offers local acquiring.

Depending on the country of your legal entity, you may also require a separate account for non-card payment methods (i.e. iDEAL, Sofort, ACH, SEPA).

Fraud Prevention

Risk rules for fraud prevention and 3DS are configured at the account level.

This is useful if you want to establish a different risk profile based on type of business or location. Physical and digital products may have different risk factors, and risk considerations for transactions originating in the US can differ from those originating in the EU or UK.

Payout

BlueSnap pays out at the account level. The more accounts you have, the more payouts you will receive.

The bank account into which your funds are paid must be associated with the legal name used to apply for the account. If you are accepting payments in multiple currencies, you will be able to associate multiple bank accounts to a single account.

Although you may have multiple bank accounts linked to your BlueSnap account, you may only have one bank account per settlement currency. If you want to split funds from different countries in the same currency, you will need multiple BlueSnap accounts.

Reporting

Reporting is available through BlueSnap’s Reporting APIs or BlueSnap’s Merchant Portal (user interface). Reports, including Payout reports for Reconciliation with Fees, are generated at the account level.

If you are retrieving reports for different accounts via the Merchant Portal, you can easily access multiple reports using our Single Sign-On capability.

Custom reports are available via the Custom Reporting API and in the Merchant Portal. This gives you the ability to easily combine data across all your BlueSnap accounts.

User Account Credentials

With Single Sign-on, BlueSnap enables you to link your different BlueSnap accounts and conveniently access them from one Merchant Portal, without having to enter separate user credentials.

Point of Sale

We recommend creating separate merchant accounts for ecommerce and point of sale. Local legal entities are required for in-store payments, so you will need separate accounts for each region where you process in-store payments.