What is the difference between the Merchant profiles ?

⏱ • 4 min read

The difference is in the required documents upon registration as listed below;

  • Nano - Same as the Enhanced subscriber wallet requirement profile

 

  • Bronze MSIM
  1. KYC Forms
  2. TIN of owner • Register with GRA/Copy of the certificate.
  3. Metropolitan or District Assembly Permit.
  • Silver
  1. KYC Forms
  2. TIN of Business and Beneficial Owner
  3. Register with GRA/Copy of the Certificate
  • Gold
  1. TIN of Business and Beneficial Owner
  2. Register with GRA/Copy of the Certificate
  3. Perform Due diligence for enhancement.
  4. AML Questionnaire
  • Platinum
  1. KYC Forms
  2. Retail/Wholesale chain stores with Franchises, Top Fuel Stations (Specifically for FMCGs, Big Supermarkets e.g. Melcom, Shoprite, KFC, Total, Shell, Goil etc)
  3. AML Questionnaire

Copy or send this article link to someone who needs the same support.