Verotel Review

Rates and Fees
Truth in Advertising
Consumer Reviews
Customer Support

Best for

High-risk e-commerce businesses like subscription-based businesses and companies in the adult content industry.

Specializes in

providing payment processing services for high-risk, offshore clients who would otherwise be unable to obtain those services.

Pricing Summary

Setup Fee: $0

Monthly Fee: $0

Swipe Rate: 15.5%

Keyed-in Rate: 15.5%

Early Termination Fee : $0

Contract Terms:

No Contract Required Month-to-month
Visit Verotel

Verotel has not disclosed the firm's acquiring bank on its website. The company, founded in 1998, is currently led by CEO, Joost Zuurbie and headquartered in Amsterdam, Netherlands, after relocating from San Francisco 3 years ago.

The company has an easy-to-understand pricing structure, albeit an expensive one. Verotel charges relatively higher rates than other merchant account providers, which is understandable considering that it deals primarily with offshore and high-risk merchant clients.

Verotel Overview


Verotel was originally founded in 1998 and is currently headquartered in Amsterdam, Netherlands. The company primarily serves high-risk businesses that are subscription-based or in the adult content industry.

The firm has a relatively low number of complaints with most of those complaints being about the company's policy to maintain a cash reserve of 10% of a six-month rolling transaction average.

Since the company's relocation to Amsterdam, Verotel does not have a credit profile or rating with the Better Business Bureau (BBB).

Verotel has built considerable expertise in cross-border payments processing for a niche market that very few merchant processors wish to serve. The company offers a multitude of services to the merchants, such as subscription management tools, multi-lingual order pages for e-commerce and digital goods businesses, and a token-based prepayment system for customers.

Quick Facts

Head Quarters

Amsterdam, NH

Year Founded



Joost Zuurbier



Merchant Provider Risk Tolerance

What We Like

No setup fee.

No monthly fee.

No early termination fee.

Public pricing is available.

Domestic phone support during regular business hours.

What We Don't Like

Works with off shore and high risk businesses.

Pricing structure rates are high.

Service is marketed through channel partnerships.

Not all important terms are disclosed.

Merchant processors must set up a reserve fund to have money for future chargebacks.

Industries Served

  • Adult
  • CBD & Hemp
  • Cigars & Tobacco
  • Dating
  • Electronics
  • Gaming
  • Gas Station
  • Hosting
  • Marijuana / Cannabis
  • SAAS
  • SEO & SEM Services
  • Smoking Accessories
  • Travel
  • Web Design Services

Business Types Served

  • Ecommerce
  • High Risk
  • High Volume
  • Information
  • Low Risk
  • Online

Verotel Products & Services


Payment Processing

Verotel is mainly a payment processor for cross-border high-risk industries, such as the adult content industry. Through its sister site called GayCharge, Verotel offers merchants a credit card processor that allows their customers to protect their sexual identity.

Tertiary Services

  • Verotel Flexpay – Used to set up merchants with a token-based system to offer customers a pre-paid credit option

  • Customizable Order pages to integrate into merchant's website

  • User management tool for subscription businesses

  • Billing and reporting API tool for integration into merchant systems

  • OpenAffiliate – An affiliate marketing platform managed by Verotel for customers to build their business globally.

Supported Payment Types

  • Debit and Credit Cards

  • US Check and European Direct Debit

  • Visa, Mastercard, Discover, Diners Club, and JCB

Verotel Payment Processing

  • ACH Check Transactions
  • Bitcoin Processing Compatible
  • Credit Card Processing
  • Debit Card Processing
  • Online Payments
  • Online Shopping Cart Integration
  • Shopping Cart Integration

Verotel Billing & Invoicing

  • Multi-Currency
  • Online Invoicing
  • Online Payments
  • Payment Processing

Verotel Advertising & Sales

We did not find any complaints of Verotel employing aggressive sales tactics. Nor have there been any reviews of them misleading merchants about their terms and conditions. Based on the research of various online forums, Verotel is one of the top choices as a payment process for streaming content and subscription-based businesses.

Verotel markets its services through channel partnerships and several of the company's websites, including GayCharge.

Truth in Marketing

Discloses All Important Terms


Public Pricing Available


Verotel Pricing, Rates & Fees


Verotel offers two pricing plans for customers; Basic and Premium. Merchant processors usually charge PCI compliance fees; however, Verotel includes that fee in its annual rates. Also, e-commerce and online businesses are likely to incur Gateway and Terminal charges, but we couldn't find any disclosures about those fees on the company's website or online discussions.

Given Verotel's clients' high-risk nature, it is an industry-standard that merchant processors set up a reserve fund to address future chargebacks. Both of Verotel's plans stipulate a 10% six-month rolling reserve to mitigate those risks.

Verotel Basic

  • Rate: 15.5% (Additional 1.5% for recurring subscription processing)

  • Annual Fee: €500, can be waived if transaction volume is €100/week or more.

Verotel Premium 

  • For merchants with an established history of payment processing with transaction volumes greater than €100/week.

  • Rate: 13% – 14% (Additional 1.5% for recurring subscription processing)

  • Annual Fee: None, but if transaction volume is less than €1,000/week, a €25/ fee is levied.

Pricing at a Glance

Pricing Model

Flat Rate

Swiped Rate


Keyed-in Rate


Mobile Payment Rate

Virtual Terminal Rate


Monthly Fee


Payment Gateway Fee


Batch Fee


Early Termination Fee


PCI Compliance Fee


Equipment Lease Terms


Address Verification Service (AVS)

Application Fee

Account Setup Fee


Gateway Setup Fee

Annual Fee


Monthly Minimum


Statement Fee

Verotel Contract & Terms

The company's processing rates are relatively high but this can be expected as Verotel serves predominantly high-risk businesses that few acquiring banks would be willing to serve. The company's terms are simple and straightforward as there is no stipulated contract length and no early termination fee.

Contract Length

No Contract RequiredMonth-to-month

Early Termination Fee


Verotel Setup & Support


Setup Highlights

  • Documentation / Knowledge Base
  • Live Online (1-on-1)

Support Highlights

  • Domestic Phone Support (Business Hours)

Verotel Complaints, Ratings & Reviews

Verotel is not accredited with the Better Business Bureau (BBB), nor does it have a rating or a profile on the bureau's website since the company is no longer a US-based entity.

There are currently no outstanding lawsuits or federal complaints against Verotel.








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