Once WorldMerchant has identified the perfect merchant solution for your business, what happens next? In order to get you processing, you will need to provide the following documents:

Please note: this list is intended as a guide. Depending on the underwriting requirements of different banks and processors, other documents may also be requested. You may also be required to send hard copies to the processor’s physical offices.

  • Application: duly signed and dated on each page and section.
  • Contract: signed and dated, with each page initialled
  • ID (Passport): Copies of the passports of all directors, signatories and owners
  • Company Registration documents
  • Incorporation documents: Complete certified copies
  • Processing History: last 6 (six) months, clearly showing the merchant name and the numbers and percentages of chargebacks. (If unavailable, business plan instead)
  • Business Plan: Detailed and structured plan showing financial projections and marketing strategies. (Not required for businesses with a good processing history)
  • Bank Statements: Copy of last 3 (three) months statements, in the name of the company or its directors/shareholders
  • Proof of address: Recent proof of address (utility bill or similar) in the name of the company or its directors or shareholders
  • Bank reference
  • Business or Professional Licences: as applicable