Account dating merchant online
Many questions arouse after having read about e-Commerce merchant accounts and credit card processing.
When trying to clarify the technology behind online credit card processing and the terminology we try to provide the most up-to-date information and a comprehensive knowledge base.
The differences are minimal so this is not really that important. 🙂 Proof of billing under your name or parents name would be needed (no later than three months past) (Note: Address on the Signature Cards, OSTA and presented billin statement should be consistent) Once completed, submit all forms to COL Business Center: 2403-B East Tower, PSE Centre Exchange Road, Ortigas Center, Pasig City, Philippines 1605*Once all requirements are received a sales officer will contact you via call or email to inform you of your COL Account No. This is because the main purpose of the bank account is for fund withdrawals which are issued as a check under the customer’s name.
However, it’s good that you attend first one of their free seminars so you’ll have better understanding of what stocks investing is all about. Fill out the form and mail it to them (via LBC, etc) ensuring that you have a clear copy of your required IDs.
How to open an online stock trading account in COL Financial (formerly Citiseconline) to start investing in Philippine Stock Market is very simple and as easy as opening a regular bank account. If possible, email them first at [email protected] copy of signed forms and requirements for them to check and review before sending it to avoid delay.
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An e-Commerce merchant account is basically a service for which e-Commerce merchants apply, and thereafter use online credit card processing services; just like you would expect an e-mail account to work for you providing SMTP and POP3 (i.e. E-Commerce merchant accounts are acquired from either merchant banks or MSP (merchant service providers), as already stated above.
The process of acquiring, or applying for, an e-Commerce merchant account is different and depends on the provider itself (terms, guidelines and conditions), the type of e-Commerce merchant account and the e-Commerce merchant.