Oonex is a Principal Member acquirer and provides access to Visa, Mastercard, Amex, JCB and Carte Bancaire acquiring. Oonex is licensed and regulated in Europe and provides merchant accounts for ecommerce and POS to companies across Europe.

For any online business, reliable and secure payment processing is critical. Oonex provides world-class payment processing services for online businesses, providing a full suite of complementary merchant services in order to drive maximum payment approval efficiency. With advanced fraud screening, multiple payment options and real-time reporting, Oonex’s secure payment gateway provides peace of mind to merchants of all sizes, industries, locations and processing volumes.

Oonex can issue International Payment Accounts to businesses and individuals worldwide, allowing businesses to take full control of their financial services including treasury and currency exchange management.

These international accounts allow partner agents to offer payment services (via Oonex) in up to 29 end-to-end currencies, hold multiple currencies simultaneously and convert currencies at any time, offering complete flexibility over the their different currencies held. The balance can be accessed via debit card and balances and currencies can be viewed via our internet banking interface. The Agent has transparency of their payment account and payment accounts of their partners or customers at any given moment. Oonex remains responsible for the final execution of the payments as well as the identification and onboarding of the end customers.

Partner Agents who have been approved to manage front-end payment account services can connect their front end applications to Oonex’s IBAN system for the issuance of accounts and management of transfers. For Agent’s who do not manage their own front end systems, Oonex can provide this interface.

For any online business, reliable and secure payment processing is critical. Oonex provides world-class payment processing services for online businesses, including a full suite of complementary merchant services in order to drive maximum payment approval efficiency. With advanced fraud screening, multiple payment options and real-time reporting, Oonex’s secure payment gateway provides peace of mind to merchants of all sizes, industries, locations and processing volumes.

Oonex supports multiple POS and Payment Devices, including mPOS, biometric payments and tap-to-pay devices.

Oonex provides direct POS and also partners with many local and pan-European POS companies to deliver flexible POS solutions to merchants at competitive prices.

Oonex’s Boarding and Compliance System is a web application used for receiving, processing and tracking merchant applications, customer KYC and compliance. Our simple full-service platform can manage the entire application and on-boarding process, from start to finish.

Our Boarding and Compliance System can be used by Payment companies under a simple SaaS model, and is also included in our partner agency packages. The boarding and compliance system has been built specifically for two industries; Merchant Compliance and KYC & AML.

Using this system, payment companies can log in and make an application for new merchant accounts, or allow their merchants access to the portal to upload necessary documents themselves, along with interactive step-by-step guidance. They are able to upload required documentation and communicate with Oonex’s underwriting and compliance staff throughout the application process.

The complete Risk and Compliance assessment of the merchant happens live in the Boarding and Compliance System and can be tracked by the user every step of the way. The system removes the need for email based application management and ensures the fastest boarding of merchants, with integrated sales offers, risk perimeter settings and contracting. The system functions not only as a compliance system but also as a CRM and an external point of communication with new clients.

The KYC and AML system works similarly, but specific for the payment and banking industry, in terms of the qualification and checking of new customers and the management of fund movement and payments in line with European standard.

Our system can be used off-the-shelf, or can be customized for our client’s needs.

Oonex’s bespoke business management system provides the following solutions in one easy-to-use, customizable payment compliance system:

• KYC collection, review and approval management;


• Business compliance review (merchant underwriting);


• Proposal, approval and Contracting management;


• Document and compliance packaging management;


• Full Task Management and Role based user system.

With integrations to the international KYC, AML and credit checking systems, automated application and contracting management and an advanced management and reporting system, Oonex’s Onboarding System allows payment companies to operate lean compliance and underwriting teams, giving them more time to focus on the commercial and product arms of their businesses.