July 19, 2022

PAYCOMET is an integrable omnichannel payment platform. It helps companies receive payments for products and services sold worldwide. The system can be integrated into any environment, whether in-person or online.

The company has been in business for decades. In 2013, it received a PCI-DSS Level 1 certification, and consequently, in 2017, it was allowed to operate as a financial institution. InnoCells acquired PAYCOMET in 2018, and it now holds offices in Barcelona, Madrid, and Bilbao.

PAYCOMET specializes in providing advanced payment gateway services to startups in the digital platform. Its payment methods are fully compatible with existing shopping carts, such as OpenCart, Magento, PrestaShop, WooCommerce, VirtueMart, and osCommerce.


Learn more here about PAYCOMET’s services, fees, and reviews.


Overview of High-risk Merchant Accounts and High-risk Credit Card Processing

PAYCOMET did not mention if it provides merchant accounts. Its primary offer is payment processing services. It also did not say if it can serve high-risk industries, though e-commerce is sometimes considered high risk.

The company’s application process is straightforward. There’s a link on the website to sign up for it. An authorized representative should reach out immediately to discuss the terms of the contract and the fees. Logging into your account is a breeze, too. There’s a login page on the site’s homepage.



Here is an overview of the merchant and payment processing services of PAYCOMET:

Credit Card Processing

PAYCOMET’s services allow the processing of credit and debit card transactions worldwide. Currently, it is an accredited partner of major card companies, such as Visa, Mastercard, Amex, JCB, MultiBlanco NET, Carte Bleue, Diners, Visa Electron, and Maestro, V Pay, Carte Bancaires, and China UnionPay.

Physical POS

The company’s physical point-of-sale (POS) terminal can be integrated into your existing in-store register. It works with restaurants, gas stations, supermarkets, and retail stores. These terminals can accept charges in more than 20 currencies. Customers can choose to pay in their local currency, too.


Virtual POS

PAYCOMET’s merchants can sell products online. It provides a fast and secure way to pay for purchases. This helps improve loyalty and sales to the business. Integrating PAYCOMET’s payment methods into your system is quick and easy. Merchants can start accepting credit and debit card payments and offer international mobile payment methods in a jiffy.

image of paycomet virtual pos


Pay by Link

This new payment method became popular with merchants who can’t afford to build a website yet. The system will allow merchants to create a payment link on their computers or mobile phones. They c send these links to the customers, who can pay directly after clicking the link. The links can be sent via email, text, or social media messenger apps.

Call Center IVR

PAYCOMET can also provide call center IVR (interactive voice response). Through this, customers can choose to pay via telephone without needing to provide the agent with their card details. All they need to do is enter their card details through their phones. This method keeps the card-not-present transaction safe and secure.

Pay by QR

QR codes are the easiest way to access information and even pay for purchases. PAYCOMET’s merchants can create customized QR codes so customers can simply scan and pay. Merchants can post this near their counters or publish it on the website.



The company offers two packages: the PAYCOMET rate and the custom rate. The PAYCOMET rate is 19 Euros a month for up to 2,000 Euros of monthly billing. In excess of 2,000 Euros, the fee will be 0.50 percent plus 0.09 Euros for Spanish cards and 0.60 percent plus 0.09 Euros for other European cards. The company offers this first package for a three-month trial period.

For larger volumes of transactions, PAYCOMET can customize rates. Merchants can get specialized support, advanced features, and volume-based discounts.


Both packages include a virtual POS module, pay by link module, pay by QR module, and call POS module. Onboarding, tokenization, unlimited terminals, refunds, and e-commerce plugins are the other inclusions.

image of paycomet rates

High-risk Industries PAYCOMET Serves

PAYCOMET did not specify if it serves high-risk industries. Sometimes, restaurants, retail shops, and e-commerce stores are classified as high risk. PAYCOMET provides payment processing services to these industries.


Other Notable Features of PAYCOMET’s High-Risk Merchant Accounts


Merchants can turn their customers’ card details into tokens. This is the safest route in payment processing today. It allows merchants to store their customers’ financial information without the risk of information theft.


PAYCOMET can also handle subscriptions, recurring payments, and fractional payments. These are easy ways to improve the collection of payments. For example, merchants can offer payment by fractions if customers have abandoned their shopping carts because their cards have exceeded the balance limits.

Fraud Control

PAYCOMET has velocity checks and fraud scoring. It uses advanced algorithms to protect merchants from fraudulent transactions that often result in high chargeback fees. The risks are configurable according to the merchant’s risk level.

image of paycomet fraud control

Specialized Support

The company also offers specialized agents to handle the merchant’s payments, fraud analysis, compliance, and e-commerce. It provides a control panel allowing merchants to create tickets that PAYCOMET has to respond to quickly.


PAYCOMET Reputation and Reviews

PAYCOMET received a 3.5-star rating based on 35 reviews on Google. Merchants call the company reliable. Some said the integration service has been smooth, and the application works well. Most merchants recommended the company to their peers.

However, there are also some negative reviews. Some merchants were disappointed with the payment processing services. They also said it had been hard for them to contact PAYCOMET since the company doesn’t respond quickly to comments.



Although PAYCOMET has some bad reviews, this should not stop you from checking what it can offer. It has a comprehensive suite of payment processing and merchant services. It works not only in Europe but worldwide, too. Its offer of a three-month trial period is a smart way to get a feel of things.

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