Vendor Selection (PSP)
We help companies evaluate and select PSPs based on costs, capabilities, compliance, and growth needs.
Why Vendor Selection Matters
Selecting a payment provider is one of the most strategic decisions for any online business. The wrong choice can lead to high costs, poor approval rates, or compliance issues that slow growth. Veltria applies a structured evaluation process to compare PSPs and guide leadership toward the best-fit partner.
Problem & Solution
The Challenge
Companies often choose PSPs based on quick recommendations or existing contacts. This results in high transaction fees, limited payment options, or compliance risks. Without a structured process, businesses risk outgrowing their provider or suffering from poor performance.
The Solution
Veltria runs a structured PSP selection process:
- Define business needs (currencies, regions, compliance requirements)
- Benchmark fees, approval rates, and integrations
- Score vendors across cost, risk, and scalability
- Provide a shortlist and negotiation support
Target & Context
Who It's For
- Founders launching new platforms that rely on payments
- Executives optimizing transaction costs and approval rates
- Investors ensuring portfolio companies partner with scalable providers
Where It Applies
- E-commerce and SaaS companies with recurring payments
- iGaming, fintech, and high-growth digital businesses
- Businesses expanding into multiple currencies or regions
When to Apply
- At launch, when selecting the first PSP
- During scaling, when fees and approval rates start to matter
- Ahead of new market entry requiring additional payment options
Outcomes & Deliverables
Results
- Improved approval rates and reduced costs
- A PSP strategy aligned with compliance and growth needs
- Reduced operational risk from poor vendor choices
- Stronger negotiation leverage with providers
Deliverables
- Vendor comparison matrix (fees, features, compliance)
- Scoring of PSPs by business needs and priorities
- Shortlist with recommended options
- Negotiation preparation and support
Ready to Get Started?
Contact us to discuss how Vendor Selection (PSP) can help your organization achieve its goals.
Contact Us
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Contact Information
Company
Veltria Advisory & Holdings Ltd
Address
306 Victoria House, Victoria, Mahé, Seychelles
Phone
+44 7414 218455Connect With Us
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