Preliminary Checklist

Before applying for your Merchant Account, you need to have the following points covered. Complying with these points will help you qualify for the best terms and rates, and a quick, smooth integration. On the other hand, not complying could lead to high costs or even refusal of the account.

 

WEB SITE

You need a well structured website with clear and correct content, which at the same time complies with all the basic requirements (see checklist) established by the Card Associations.

 

PROCESSING HISTORY and/or BUSINESS PLAN

In the case of established businesses, you will need to present the previous 6 months processing history, including the number and volume of chargebacks. Start-up businesses should present a well-structured, realistic and detailed business plan.

 

DETAILS OF YOUR BUSINESS:

  • Name of the company, place of incorporation and business/operating address
  • Contact details (name, phone, email and Skype of the contact person)
  • Description of the business
  • Names and countries of residence of the owner(s)
  • Geographic target market (countries or regions)
  • Estimated monthly turnover and processing currency (ies)

 

At WorldMerchant we are here to help you every step of the way. Please start with our quick and easy Pre-Approval Form.

 

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