What Business details/additional information am I required to provide?

What Business details/additional information am I required to provide?

We would require you to provide personal and business information and documentation to verify your registration.

Here's a list of some of the required information:

  1. Business email address
  2. Business category and description
  3. Website and Social media links
  4. BVN
  5. Identification Document (International Passport, Drivers License, National ID or Voters card)
  6. Business address
  7. Bank account for settlements
  8. Business phone number
  9. Support email (for customer support requests and complaints)
  10. Disputes email (for transaction dispute alerts; monitored by a decision-maker)
  11. Contact person for the business
  12. Estimated monthly sales

    • Related Articles

    • How we use collected information

      We use collected information for various purposes aimed at optimising operational efficiency, ensuring regulatory compliance, and fostering a seamless user experience. Furthermore, stringent risk management practices are employed, leveraging data ...
    • Is my Card information Safe?

      Card details are encrypted using trusted encryption libraries, with encryption and decryption keys securely stored. This ensures that card information is not stored as plain numbers but is securely concealed, making it inaccessible even to ...
    • What are the requirements for enabling international payments for my business?

      To have international payments enabled for your business, your Compliance information must be complete.
    • How is my payment information secured during transactions?

      Your payment information is protected during transactions using encryption, specifically TLS 1.2. TLS ensures the privacy and integrity of data between applications. It encrypts sensitive information like credit card details before sending it over ...
    • Is my business eligible for international payments?

      Yes. If your business involves collecting payments from customers in foreign countries, Transactpay provides you with the tool to receive payments from anywhere in the world. Also if your business has a domicilary account set up, then you can receive ...