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Having a merchant account is crucial if you want to accept money for your online goods and services. And right now, E-Commerce is not only one of the most in-demand industries but is also an opportunity for retail shops to move some of their products online to strive during the lockdown or similar scenarios.
With Genome, you can open multiple merchant accounts easily and online, no need to leave your house. After getting Genome’s merchant account, you will be able to accept credit cards and alternative method payments on your website, exchange currencies, use low-cost SWIFT and SEPA transfers, as well as internal transfers within Genome at no cost.
Interested? If so, follow this simple three-step tutorial to open a merchant account with Genome.
Please note, that you need to have a personal and business accounts to apply for the merchant one, and we’ve got tutorials for that. Check them out: How to open a personal IBAN account with Genome and How to open a business IBAN account with Genome. And than come back to this one.
To open a merchant account, you will need these scanned .jpg, .png, or .pdf documents:
Proof of domain ownership;
A processing and a chargeback statement from the previous processor for 6 months;
A certificate of incorporation;
A memorandum and articles of association;
Information on a company shareholder structure and a list of directors.
Step 1: Get started
Follow my.genome.eu link to log in Genome, and you will end up on a dashboard page. There you will find the “Merchant” tab on the top panel – click it and follow further instructions.
Step 2: Fill in the information
To proceed, fill in the registration form, where you will need to enter your account name, a merchant website, and merchant descriptor, then choose the account and monthly planning turnover. Finally, read the Terms & Conditions document and check the box if you accept it.
Step 3: Provide documents
Upload your scanned merchant domain ownership proof, your processing history for the last 3 months or a business plan, and fullfillment or supply agreement to the website.
And that’s all you need to do to get a merchant account with Genome! You will be notified as soon as we will process the documents. If you’ll face any difficulties during the registration process, please contact us directly through our online support chat in the right lower corner of Genome’s webpage, or write us an email. Also, check out the pricing for merchant account opening and other services here.
There’s no secret that companies come in all shapes and sizes. And most of them require banking services. Naturally, financial institutions have different requirements for various types of businesses. Today, we are taking a closer look at how this process works out for limited liability companies. Find out how to start a bank account for an LLC and what you should be looking for when selecting an LLC bank account in this Genome article, and feel free to share with others! What are a business account and an LLC bank account? First and foremost, a business account is a type
Changes are a part of life. Some are positive, some are negative, and some are just plain necessary. Even your financial behavior, choices, and operations are prone to changes. For instance, some companies may want to find an alternative to their bank account. Thus, today, Genome’s team will explain how to change a business bank account if you have found a better option for your company. We will also list some of the main features of a modern, reliable business account. The reasons to switch bank accounts When you stumble upon this article, you may think, “Why would I need
Life is full of surprises, and some are highly unpleasant. Yes, our team once again talks about scams and fraud that people should be aware of to protect their data and finances. This time, we will focus on a particular identity theft crime – the corporate account takeover, which targets businesses throughout various industries. Find out more about banking account takeover and how you can avoid it in Genome’s article. What is a corporate account takeover? A corporate account takeover (CATO) occurs when fraudsters target corporate accounts of various businesses to gain access to a company’s funds or sensitive data.
So many banks and financial institutions choose the online route for their services. And for a good reason! After all, it is a more straightforward way of delivering their product to clients. But what are the most crucial features of internet banking? Today, Genome will help you figure it out! Find out which features can really make your financial operations trouble-free. Must-have bank features and services for online banking clients The complete accessibility of features of digital banking It seems like a strange requirement at first. But, to be honest, not all financial institutions that promote their digital solutions commit