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Writer's pictureSmart Pay

Open merchant business account online for free

Merchant account with many value-added services from one platform. Start processing card payments in-store and online now!


Who can open free merchant business bank account?

Bank account is offered to legal businesses registered and operating in the EU (European Union)/EEA (EU and Iceland, Norway and Liechtenstein), UK and Switzerland. The business applying can be owned or directed by nationals from other countries as well.


We support sole traders, individuals who are self-employed, freelancers, private limited liability companies, public companies, partnerships (as well as the local European equivalents). Тhere are a small number of industries we currently don't support, such as FX speculators, weapons and arms dealers, non-regulated charities, companies with bearers shares and others.


Who we are?

Smart Pay SIA is an authorized partner of myPOS World Ltd., London (Great Britain), which has been a reliable provider of payment-related services since 2014. All money and payment related services are provided by iCard AD, whose permanent address is Bulgaria, Varna, Varna Business Park, B1, PO 9009. It is an electronic money institution licensed by the National Bank of Bulgaria, providing international electronic money and payment services in all EEA countries.



Want to know more? Contact us.


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