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The PayGood merchant onboarding flow lets you bring new merchants onto the platform. Each merchant goes through a Know Your Business (KYB) application before they can process live payments. Once approved, the merchant is activated and ready to accept payments through PayGood.

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Onboarding stages

Work through each stage in order. Later steps depend on the application id returned when you create the draft.
  1. Create a draft application — Open a new application for the merchant and receive an application ID.
  2. Fill in the business profile — Provide legal name, business type, email, and registered address.
  3. Add beneficial owners — Supply identity information for every individual who owns more than 25% of the business.
  4. Add payout accounts — Link the bank account where PayGood will settle funds.
  5. Provide underwriting data — Share estimated processing volumes and a description of the merchant’s business.
  6. Submit for review — Send the completed application to PayGood’s underwriting team.
  7. Approval and activation — Once approved, the merchant account is activated and live payment processing can begin.

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What you’ll need

Gather the following information before starting the application:
  • Business legal name and any doing-business-as (DBA) name
  • Business type (e.g., corporation, LLC, sole proprietorship)
  • Registered business address
  • Business tax ID
  • Beneficial owner details: full name, date of birth, personal address, and ownership percentage for each owner with more than 25% stake
  • Payout bank account details
  • Estimated annual card processing volume and maximum transaction amount

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Supported countries

PayGood currently supports merchant onboarding in the following countries: Country codes follow the ISO 3166-1 alpha-2 standard. Pass the appropriate code in the country field when creating a draft application. Ready to get started? Head to app.paygood.com to start your application.