Tell about the merchant registration process — how is it organized?
sobes.tech AI
Answer from AI
The merchant registration process typically involves several steps:
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Data collection — the merchant fills out a form with information about themselves and their business (name, contact details, TIN, bank details, etc.).
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Data verification — the system or staff verify the correctness and authenticity of the provided data, and may request additional documents.
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Account creation — after successful verification, a merchant profile is created in the system.
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Parameter setup — the merchant configures payment methods, tariffs, and integration with the website or POS terminal.
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Activation — after all checks and settings, the account is activated, and the merchant can start accepting payments.
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Support and monitoring — the system monitors the merchant's activity, providing support and security.
In technical implementation, REST API is often used for data transfer, a database for storing information, and verification mechanisms (for example, through third-party services or manual checks).