{"id":167,"date":"2022-12-22T10:33:23","date_gmt":"2022-12-22T10:33:23","guid":{"rendered":"https:\/\/companyformationaustria.com\/open-a-merchant-account-in-austria\/"},"modified":"2023-05-17T01:30:59","modified_gmt":"2023-05-17T01:30:59","slug":"open-a-merchant-account-in-austria","status":"publish","type":"post","link":"https:\/\/companyformationaustria.com\/open-a-merchant-account-in-austria\/","title":{"rendered":"Open a Merchant Account in Austria"},"content":{"rendered":"\n<p>Foreign entrepreneurs choosing to come to&nbsp;<strong>Austria<\/strong>&nbsp;will find many investment opportunities as well as a&nbsp;<strong><a href=\"http:\/\/www.companyformationaustria.com\/austrian-legislation-related-to-foreign-investments\">legislation favoring foreign direct investments<\/a><\/strong>&nbsp;in many industries. The country is one of the most prosperous economies in Europe and welcomes investors who want to&nbsp;<strong>open an online Austrian company<\/strong>&nbsp;or a traditional one.<\/p>\n\n\n\n<p>No matter the type one intends to set up a key requirement related to the&nbsp;<strong>company formation process in Austria<\/strong>&nbsp;is setting up a bank account. Apart from the corporate account, companies can also&nbsp;<strong>open merchant accounts in Austria&nbsp;<\/strong>with the purpose of facilitating the payments made by their customers or even business partners.<\/p>\n\n\n\n<p>Our&nbsp;<strong><a href=\"http:\/\/www.companyformationaustria.com\/about-us\">company registration agents in Austria<\/a><\/strong>&nbsp;can offer information on the&nbsp;<strong>uses of a merchant account<\/strong>.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/companyformationaustria.com\/open-a-merchant-account-in-austria\/#steps-to-set-up-a-merchant-bank-account-in-austria\" title=\"Steps to set up a merchant bank account in Austria\">Steps to set up a merchant bank account in Austria<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/companyformationaustria.com\/open-a-merchant-account-in-austria\/#choosing-an-operator-to-open-an-austrian-merchant-bank-account-with\" title=\"Choosing an operator to open an Austrian merchant bank account with\">Choosing an operator to open an Austrian merchant bank account with<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"steps-to-set-up-a-merchant-bank-account-in-austria\"><\/span><strong>Steps to set up a merchant bank account in Austria<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Merchant accounts<\/strong>&nbsp;are mostly used by e-<strong>commerce companies in Austria<\/strong>. Usually establishing the&nbsp;<strong>merchant account<\/strong>&nbsp;is the last one when opening this&nbsp;<strong><a href=\"http:\/\/www.companyformationaustria.com\/company-types-austria\">type of business in Austria<\/a><\/strong>. First, the investors must register the company, open the corporate account, have the website up and running and then choose a bank or a financial company offering payment services and&nbsp;<strong>creating the merchant account<\/strong>.<\/p>\n\n\n\n<p>Our&nbsp;<strong>local consultants<\/strong>&nbsp;can assist foreign investors who want to&nbsp;<strong>set&nbsp;<a href=\"http:\/\/www.companyformationaustria.com\/open-a-website-in-austria\">up an online business in Austria<\/a><\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"choosing-an-operator-to-open-an-austrian-merchant-bank-account-with\"><\/span><strong>Choosing an operator to open an Austrian merchant bank account with<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Most of the banks and several&nbsp;<strong><a href=\"http:\/\/www.companyformationaustria.com\/create-an-investment-fund-in-austria\">financial companies<\/a><\/strong>&nbsp;offer&nbsp;<strong>merchant bank account services in Austria<\/strong>. In order to make the right choice it is best to verify the conditions, the services and the fees related to creating and maintaining the&nbsp;<strong>Austrian merchant account<\/strong>&nbsp;with the desired operator.<\/p>\n\n\n\n<p>Once the bank or financial company is selected, one must file an application supported by various documents related to the&nbsp;<strong>merchant account opening<\/strong>. Each operator has its own requirements when it comes to the process, however all processors must ensure the right equipment is installed at the Austrian company\u2019s place of business. The equipment is usually a POS which allows the authorization and processing of the payments.<\/p>\n\n\n\n<p>For assistance in&nbsp;<strong>opening a merchant account in Austria<\/strong>, do not hesitate to&nbsp;<strong><a href=\"http:\/\/www.companyformationaustria.com\/contact\">contact us<\/a><\/strong>. You can also rely on us for&nbsp;<strong>company formation services in Austria<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign entrepreneurs choosing to come to&nbsp;Austria&nbsp;will find many investment opportunities as well as a&nbsp;legislation favoring foreign direct investments&nbsp;in many industries. The country is one of the most prosperous economies in Europe and welcomes investors who want to&nbsp;open an online Austrian company&nbsp;or a traditional one. No matter the type one intends to set up a key [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":82,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[67,11,139,137,138],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Open a Merchant Account in Austria<\/title>\n<meta name=\"description\" content=\"Find here the main steps to create a merchant account in Austria. 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