What information do I need to provide to get a merchant account with Payb?
Why do we ask about this? Per anti-money laundering regulations, we are obligated to know each company we do business with.
- Company Information:
Company name; company registration number; company contact details; trade name – what name is your company known by? - Company Ownership:
We require any persons who own 25% or more of the company to provide documents as indicated below:
- Names and contact information for the owner(s)
- Identification of owner(s): in-date and legible (a photo/scan of licence or passport)
- Home address, utility bill, statement. - Business Bank Details – this is required to ensure payments go into your business account once your application has been successfully submitted.
Business Information:
We would like to get to know and understand your business better, in order to offer you our best possible service.
Describe your company’s business model:
- What industry do you belong to?
- What service do you provide?
- Delivery time frames / fulfilments.
