The process for your eCommerce Merchant Account setup, is as follows:

1. Provide documents attached (outlined below);

2. Bank approval and registration;

The process can take up to 3 (three) weeks for approval at our acquiring banks.

Documents to be completed, including the relevant Supporting documents required:

• Service Application Form (Select eCommerce  - Please complete the relevant fields in terms of eCommerce sign-up/application; (see form attached with comments); 
• Nedlink Merchant Application form to be completed and signed (including a list of supporting FICA)    
• (see form attached); 
• Nedbank eCommerce Merchant Agreement  - Complete in full and Initial every page and sign in full where prompted. (see agreement attached); 
• Nedbank Credit Check Consent - Complete and Sign.
• Company Resolution, please place this on your company letterhead, complete accordingly and sign by all Directors (see form attached with comments); 
• Pricing Quotation, to be signed by the merchant (see form attached). 
• Your expected monthly volume;
  It would be good to confirm this in the early stages of the application.

The following documents are required, to accompany the service application:

Please ensure the below documents to be provided are clear and legible

• CIPC Registration Document ( for the UBO/Ultimate Creditor;
• Directors Identity Document Copies (Clear Colour copies);
• Proof of Address for the Business (Not Older Than 2 Months);
• Proof of Address for each of the Directors (Not Older than 2 Months);
• 3 (Three) Months Bank Statement in the Name of The Business (Where Collected Funds will be Credited to);
• Certified Copies of Regulated industries eg (NCR, FSCA etc);
• Brochure/Marketing material, Comprehensively describing your Product(s) and/or Service(s);

Please email all the documents as requested above (including the completed and signed attachments) to: sales@rapidpaycollect.co.za

Please contact sales@rapidpaycollect.co.za, so we can assist you in the event you are unsure of anything.