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Minimum Requirements

Please be aware that even if you fulfill the minimum requirements, this does not mean that you will be guaranteed a merchant account. Different factors, such as previous financial history, are taken into account when processing an application and may mean different terms are put in place or an application is rejected all together.

Below are the minimum requirements for each account


Standard Merchant Account + Gateway

You must be at least 18 years of age

 

You must have a business Bank Account (unless sole trader)

 

Bank account and incorporated company must be the same name

 

Business must be incorporated in one of the following countries

Business must be one of the following supported entites

Business must NOT be on the prohibited businesses list

High-Risk Merchant Account + Gateway

You must be at least 18 years of age

 

You must have a business Bank Account (unless sole trader)

 

Bank account and incorporated company must be the same name

 

Business must be incorporated in one of the following countries

Business must be one of the following supported entites

Business must NOT be on the prohibited businesses list

Adult Merchant Account + Gateway

You must be at least 18 years of age

 
You must have trading history, or if a start-up, a solid business plan and estimated turnover of at least £10k

You must have a business Bank Account

 

Bank account and incorporated company must be the same name

 

Business must be incorporated in one of the following countries

Business must be one of the following supported entites

Business must NOT be on the prohibited businesses list

 


Get started today...



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Web-Merchant Services Limited © 1997 - 2017 - Company Registration No. 03919014

Fully compliant with the Payment Card Industry Data Security Standard (PCI DSS). NCA Approved. Anti-Money Laundering Registration No.12709698. Data Protection Reg No. Z3544745
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