Get set up to accept payments: Other legal entity

Updated

Get your business details, founding documents and banking information ready to set up your iKhokha profile and get your business ready to accept payments.


Choose Other legal entity if your business is set up as a legal entity that doesn't fall under one of the other business types listed.

Haven't created your iKhokha profile yet? Start with Get started with iKhokha.

Prepare your organisation details and documents

  • Business name: this is the name that will appear on digital or printed receipts.

  • What the business does: a clear description of what the business does or what services it provides.

  • Business address: where the business operates.

  • Your ID or passport details: you may also need to provide your ID document.

  • Face scan: be ready to complete a face scan to confirm your identity.

  • Your residential address.

  • Bank account details: the account must be in the business's or organisation's name so the business can receive payouts.

  • Constitution or founding document listing the business's key members. Include each person's full name, ID number, residential address, position and signature.

  • Bank confirmation letter showing the account is in the business's or organisation's name.

Add the organisation details

Open each card and fill in the details about yourself and your business. Once you've completed all the required sections, your information will be submitted automatically.

For information about identity verification, the documents you may need, and additional requirements if you don't have a South African ID number, see What you need to get verified, and why.

If you denied camera access when asked to complete your face scan, see Complete your face scan if you denied camera access.

Send us the organisation documents

After submitting your details online, email the following documents to onboarding@ikhokha.com. Use the same email address you used to create your iKhokha profile.

  • Your constitution or founding document.

  • A bank confirmation letter showing the account is in the business's name.

After you send your details and documents

iKhokha will review your details and documents. Keep an eye on your email in case iKhokha asks for additional information or documents. Send them so the review can continue.

Once your business is approved to accept payments, you can choose and set up the iKhokha products and features you want to use.

Related articles

Loading...
iKhokha Stats

Why trust iKhokha? We're highly rated on Google, Trust Index, and Hellopeter. We're also the winner of MTN's 2023 App of the Year.

©iKhokha. All Rights ReservedA subsidiary ofA subsidiary of nedbank
FacebookInstagramXYouTubeLinkedIn