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How long does merchant approval take?

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Overview

Merchant approval timelines vary depending on your business model, documentation, and underwriting review.

On average, approval takes 1–2 business weeks from the time all required documents are submitted.

To begin the process, visit kashupay.com/accept-payments and book a call with our team.


What Affects Approval Speed?

Approval timing depends on:

  • Business type and industry (MCC classification)

  • Processing volume and average ticket size

  • Chargeback history (if applicable)

  • Completeness of submitted documentation

  • Risk profile and underwriting review

Businesses with clean documentation and straightforward models typically move through review faster.


Step-by-Step: Merchant Approval Process

  1. Book a Consultation: Visit kashupay.com/accept-payments and schedule a call.

  2. Submit Business Information. You’ll provide:

    1. Legal business name

    2. EIN

    3. Business address

    4. Bank account details

    5. Owner identification

    6. Processing statements (if applicable)

  3. Underwriting Review. Our underwriting team reviews:

    1. Business model

    2. Financial stability

    3. Processing history

    4. Risk classification

    5. Compliance requirements

  4. Approval & Account Setup. Once approved:

    1. You receive final pricing

    2. Your processing account is activated

    3. Hardware or POS configuration begins (if applicable)


Required Documentation

You may be asked to provide:

  • Government-issued ID

  • EIN confirmation letter

  • Articles of incorporation or formation documents

  • Voided check or bank letter

  • Prior processing statements (if switching providers)

Additional documents may be requested based on business type or risk classification.


Ready to Apply?

Start by booking a consultation at: kashupay.com/accept-payments

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