I don't have any office space and nor registered yet as a firm or company. So I want to know what documents are required to open an account to accept credit card payments?
E-commerce Merchant Application Form o Merchant Legal Name ( Specify your Company name as appearing in Registration Certificate) o Name on Customer Card Statement (Specify Name desired to appear on customer’s Credit Card statement to recognize charge relates to product/service for which his card was charged) o Official Website ( Insert your Company’s official website URL: ) o PG Website ( Mention address of website where payment gateway is to be integrated ) o Contact Person Name – Name of Company representative to be contacted for the gateway o Contact Person E-mail Id – Email address of Company representative to be contacted for gateway o Contact Person Mobile No. - – Contact Number of Company representative  Business Details o Business Address (Specify your operation office address with city, state, Pin code no, email ID, Telephone no, Fax no & Telex no.) o ME profile / Background ( Mention company profile ) o Brief Description about the products / services you intend to sell online (Specify what products and services which you intend to sell online) o Average Product Value (Specify Minimum / Maximum ticket or product value. E.g. 500 – 50,000) o Office Strength ( Mention number of employees working in your office) o Expected Online Turnover ( Mention expected Online Turnover) o Additional Business Activities ( Mention associated business activities, if any ) o Group Companies ( Mention names of other group companies, if any) o Year of Incorporation ( Mention Month & Year of company incorporation) Page 2  Ownership Details o Business Filing Status : (Tick respective filing status applicable) o Promoters’ details:  If Individual mention relevant details of the individual;  If Sole Proprietor mention relevant details of the Sole Proprietor;  If Pvt Ltd or Public Ltd mention relevant details of all Directors;  If Partnership mention relevant details of all Partners;  If Religious Organizations or School or Registered Charity mention relevant details of all current Trustees or all current Members details Page 3  Existing Bank & Branch details ( Specify your Bank account type with Bank and branch name)  Financial Performance (mention last 2 years turnover and profits in INR)  Business Volume (Mention last 6 months non card business and card business in INR, if applicable)  Existing Acquirer / Payment Gateway Details (If using other payment gateway services, please fill all details pertaining to that payment gateway account(s) in the respective fields) Page 4  Other Information o Specify if Website hosted, designed, maintained by whom, If inventory and delivery/logistics management by self or outsourced. If by third party specify name, address of service provider.  Pricing o Specify Set-up fees, TDR, Annual Maintenance Charges as per package finalized with Bank name with Current Account No., Branch and IFSC Code details where you desire credit of online funds Page 5  Authorized contact person details for payment gateway(Name, Residence Address, Residence Tel No: & Authorized Signatory/ Stamp (Mention Name and designation of Authorized signatory with signature)
You will need the following as far as I know Company Should be atleast SSI registered. Address Proof : Company Should be atleast SSI registered. (Company Registration Certificate) Telephone Bill (Company Address) A letter from your Auditor mentioning you company name and address for Address Proof Others PAN Card in your name if Sole Proprietorship and in Company Name if Private Limited ect. One Year Bank Statement of Current Account in any Bank (would be fine if Nationalized bank). If you need to Suggestion in choosing paid payment gateway PM me. I can help you out.