
A
merchant account in Ireland refers to a
payment tool that can be used by both
traditional and online businesses. Investors who want to start the procedure of
Irish company formation for an online business that
sells goods and services will need to establish a
merchant account for their
online shop. One of the main
advantages of a merchant account is that it can
accept payments from a wide category of
credit cards, thus increasing the possibility of performing
more daily transactions.
Our team of Irish company formation representatives can provide full assistance on the documents investors must submit when opening an
Irish merchant account.
Advantages of the Irish merchant account
Businessmen who perform their business activitiy in the
online environment will need to
accept credit card payments. In this sense, the website will need the following tools:
• a payments gateway;
• an online merchant account.
There are numerous
payments gateway providers and
payment processors in Ireland, which can offer various types of services, but it is important to know that, regardless of the
service provider chosen in this case, all
online companies will benefit from a
secure server that will be able to
accept the payments.
Our team of agents in Ireland can offer more details on the main benefits of a
merchant account.
Financial services of a merchant account in Ireland - presented by our Irish company formation agents
A
merchant account can offer numerous advantages for the investors who want to start the procedure of
company registration in Ireland. An
online business that will
set up a merchant account will benefit from the following:
• a wide range of credit cards accepted for online transactions;
• transactions performed through credit and debit cards;
• payment services for local and international transactions;
• banking services for the merchants.
Documents for setting up an Irish merchant account
The
registration of a merchant account is represents an optional means
performing transactions for traditional businesses, but more and more
companies offer this service as well, besides the
traditional cash transactions. In the case of an
online business, this is a compulsory requirement and investors who want to start the
company registration in Ireland should provide the following documents when
opening a merchant account:
• company’s statutory documents;
• a copy of the valid passports of the company’s owners and directors;
• the company’s business plan.