Hong Kong, Macao & Taiwan

Hong Kong merchant POS terminal application assistance

Hong Kong, China · Usually about 2–6 weeks after documents are complete and the acquirer's KYC and risk assessment are passed, subject to the acquirer's review.

Estimated timeline
2-6 weekscounted from receipt of complete documents
Key deliverable
POS/acquiring application document package
Packages
Standard service

What you provide

  • Certificate of Incorporation, Business Registration Certificate and bank account
  • KYC information of directors, shareholders, and ultimate beneficial owners
  • Business introduction, product/service, website and physical store information
  • Expected transaction volume, average order value, refunds and chargebacks
  • Industry licenses, lease contracts and supply chain information
  • Risk and compliance documents required by the acquirer.

What you receive

  • POS/acquiring application document package
  • Acquirer KYC and supplementary document records
  • Terminal or online payment solution configuration (upon approval)
  • Acquirer review results
  • Explanation of fee rates, settlement and chargeback rules.

Service details

This service covers assistance with Hong Kong merchant POS terminal applications. Actual applicable conditions, processing criteria and competent authority requirements will be confirmed by an advisor based on the application before acceptance.

Est. processing time

Usually about 2–6 weeks once documents are complete and the acquirer's KYC and risk assessment are passed, subject to the acquirer's review.

Prices follow the service listing. Where government approval or official review is involved, the outcome rests with the authorities and cannot be guaranteed.

Hong Kong merchant POS terminal application assistance · Zhongwai Enterprise Service Center