In order to set up a merchant account, we need some information from you. You may wonder why we ask for such specific information. We will show you for each section why these items are necessary.
Business details
We need some information about your business.
- Business type
- Company name
- Registered office (address, country)
- Telephone number and e-mail
- Commercial register - and sales tax identification number
Why do we ask for it?
Under anti-money laundering regulations, we are required to know companies with which we do business. In order to provide you with the best possible service, we want to know and understand your business.
Personal details
We require the following information from the business owner themselves, a shareholder, a member of the board of directors, or someone with significant management responsibility.
- Name
- Address and country
- Address confirmation
- Date of birth
- Telephone number and e-mail address and colored photo ID (in jpg or png format)
- Social security number
Why do we ask for it?
Under anti-money laundering regulations, we are required to know the top management of your company.
Bank details
- Bank account details
- Provide the following information about your bank account:
- Currency of the account
- Country of the bank
- Swift code (BIC)
- IBAN number
Why do we ask for this?
With KLARA Pay, you can accept money from your customers in all currencies, for which we need your bank account details.
Product details
We need information about what you sell resp. what services you offer.
Description of what you will sell in your store.
- Estimated monthly turnover
- Company name
- Recurring transactions: Let us know if you offer products/services in exchange for monthly, quarterly, annual, etc. payments
- Link to website (if available)
Important: For security reasons, we cannot accept High Risk Business. For a list of unsupported business models, please see the following link: Prohibited Businesses