Prerequisites for US Merchants
Updated: 26 October, 2009 Sellers domiciled in the USA will need to register with Paymate, and then apply for a US merchant card processing account. The merchant account is integrated with Paymate and allows payment to be directly funded to your checking account. US sellers must meet certain conditions imposed by our bank. The following are some pre-requisites to have available before you log into Paymate to complete your Merchant Details and submit your application. Business Information: business names (both the legal name and the name you are “Doing Business As” (DBA)); business address, business contact telephone number, fax number, e-mail address; tax identification number (i.e., Employer Identification Number (EIN), or Social Security Number (SSN) if you are a sole proprietor), and business type (e.g., sole proprietor, partnership, privately-held company).
- Personal Information: Owner SSN and home address
Business Website URL and/or eBay Member ID: As part of the business verification process, it is critical that we know the sales channel(s) being used.
Additional Account Information: estimated monthly credit card sales, average order amount, etc. - Checking Account Information: account number and 9-digit routing number (at the bottom left of your check)
- Non-eBay sellers must provide a valid website address for their business.
eBay sellers must have a Total Feedback Count of at least 10 with Positive Feedback Rating of at least 98%. eBay sellers must validate their Member ID by linking it to Paymate Please ensure your business is not one of our Unacceptable Business Categories - Please confirm you can accept our Special Terms for US Payments Service
After the application is submitted, the business and personal information will be verified, a credit check may be made, and your website and/or eBay sales will be reviewed. In some cases, you may be asked for additional documentation to verify information provided on your application.
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