Our merchant account checklist outlines what is needed to get a merchant processing account, and how to proceed once you have each piece in place.
What is required to apply for a merchant processing account:
You will need to have a company within the relevant jurisdiction, this is due to restrictions that some processors in certain jurisdictions have. If you do not have a company, you will need to contact us to find out how we can help you with a complete package for your online business
You will need a bank account for your company. If you do not have a company, and contact us for a complete package, we will arrange one as part of the package, however if you have a company without a bank account, contact us, and we can setup a bank account for your company.
This is required by most acquirers for the application of a start-up merchant processing account. However if you are an established online merchant, you can provide processing statements instead of a business plan. If you do not have a business plan, contact us, and we will prepare one for you.
Once you have a registered company with a bank account and a business plan, you can proceed with the following steps:
Need any additional information on how to start the process of opening an online merchant processing account?