Are you opening a new store or site that requires an additional Merchant ID?
To submit an application to the bank, the following information is required:
Confirmation of MID type:
ECOM = online payments via a website or pay links
Card present = physical card machine; the customer pays in person
MOTO = over the phone can be via a virtual terminal or a physical card machine
If more than one, please confirm the anticipated split of the merchant ID - i.e. 70% via the website (ECOM) and 30% via the physical Card terminal (Card Present)
Average transaction value
The anticipated card turnover
Proof of banking for both charges (where funds are taken from, such as merchant services charges, along with any chargebacks) and deposits (where funds are paid into) - dated within the past 3 months
Is any hardware or software required? Such as a physical terminal or a payment gateway. Please confirm in as much detail as possible
The email address and number for the main contact for this application.
The trading address and proof of the same – dated within the past 3 months
AML for directors
NDX/Lead times – what is the approximate length of time between payment and delivery of goods/services?
Once you have gathered all above information, please contact out support team to submit to application - on support@blinkpayment.co.uk