Merchant account management
A merchant is the basic entity of the system, which refers to a merchant, individual entrepreneur or natural person who wants to accept online payments for their goods or services through the payment service provider’s system. The concept also applies to non-profit organizations that can accept contributions and donations in their favor through the system.
Once the merchant is registered in the system, the payment service provider gets the following:
- Store the identification and banking data of the merchant in the system for analytical and reporting purposes as well as for processing financial transactions;
- Configure the merchant's access to the functions and services of the system;
- Identify merchants as owners of websites and mobile applications for which the system processes payments.
If registered in the system, a merchant automatically gets a personal account and access to the back office, where he/ she can make the following:
- View registration data and settings of shops;
- Set up subscription and payment notifications;
- View information about transactions;
- Receive statistical and financial reports.
For a detailed description of the merchant back office, please refer to the Back Office Manual for Merchants.
Merchant account management is available to a user with the Account Manager role, who can do the following:
- View merchant accounts;
- Search for a merchant account;
- Register a new merchant;
- Edit the merchant details and the activation status.