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You are here: Home > Business > Products and Services > Merchant Services > Where to Apply

Where To Apply

 

To qualify, you should have:

  • A business cheque account with a turnover of R1.2 million per annum+
  • Minimum credit card turnover of R20 000 per month
  • An active and well conducted Business Cheque Account with one of the major South African banks
  • Clean and proven credit track record (including all owners / members /directors / partners)
  • Credible and honest product or service offerings
  • Acceptable stock levels
  • Well advertised premises / business

When applying, have the following documentation at hand

  • Business registration documentation
  • Identification documents of owners/partners/members or directors
  • Business banking details
  • Personal bank details (All owners - see above)
  • VAT registration number

PLEASE NOTE!

All necessary credit and other checks in accordance with normal banking practise as well as Visa International and MasterCard International regulations will be done.



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Absa Bank Limited registration number: 1986/004794/06.
Authorised financial services and registered credit provider NCRCP7