You can create a merchant account through a regular bank, but the level of restrictions and requirements are somewhat staggering. If you’re opening one for business, create one through Genome account, which is a simple and intuitive web account.
Why Do Businesses Require a Merchant Account?
Genome is an Electronic Money Agency that strives to deliver quick, easy-to-access and convenient financial services.
The system secures all the payments and transactions from fraud risks. To appeal to a variety, Genome provides accounts for startups, medium-sized, and large enterprises.
Here are some of the advantages of having a merchant account:
Take credit cards & local payment options
Your customers will be able to pay using credit cards as well as other means. Furthermore, the platform accepts over 20 currencies.
Statistics and reports
You get access to a merchant account, along with reports and detailed scrutiny of all transactions.
CMS, platform, and website integrations
You can connect your Genome account to nearly all marketplaces, e.g., Shopify, Magento, WooCommerce, Drupal, among other platforms. Plus, you may design personalized checkout pages on your website.
Direct payment
With Genome, you can configure all payouts as preferred, choosing between D+1, D+3, and D+7 timing possibilities. This happens without delays or extra unanticipated costs.
You’ll particularly love the idea of testing your Merchant Account for functionality before incorporating it into your business.
How to Create a Merchant Account on Genome?
Entrepreneurs with businesses that take electronic payments can get a Merchant Account. While banks in Europe and other regions have varying criteria for this application, Genome offers far-reaching convenience and speed.
What you need:
- Your phone,
- Genome’s website, and
- Your business’s paperwork.
The procedure for applying is as follows:
- Create a Genome account and pick the ‘Business eWallet’ option.
- Read through and follow the instructions, filling in details about your organization.
- Attach the scanned documents identifying your company.
The account opening process is free. Once everything is set, you can transact money through the account and eWallet in EUR and USD.
Author Bio:- Blair Thomas has been a music producer, bouncer, screenwriter and, for over a decade, has been the proud Co-Founder of eMerchantBroker, the highest-rated high-risk credit card processing company in the country. He has climbed in the Himalayas, survived a hurricane, and lived on a gold mine in the Yukon. He currently calls Thailand his home with a lifetime collection of his favourite books.
