In this article, we will explain why existing Adyen Merchant IDs cannot be reused for Finion Pay and how to apply for a new Merchant ID.
- Would it be possible to use an existing Adyen Merchant ID with Finion Pay?
- Why is a new Merchant ID required?
- Steps to apply for a new Merchant ID
Fast lane
- Existing Adyen Merchant IDs cannot be used with Finion Pay.
- If KYC has been completed once, it will be easier to go through the process again.
- Apply for a new Merchant ID through Finion Pay activation.
Would it be possible to use an existing Adyen Merchant ID with Finion Pay?
No, that’s not possible. You will need a new Merchant ID. If you have already surpassed the KYC once, it should be easy and fast for you to go through it again.
Why is a new Merchant ID required?
Magicline requires a new Merchant ID for the integration with Finion Pay to ensure proper account setup, compliance, and security measures.
Steps to apply for a new Merchant ID
To apply for a new Merchant ID through Magicline, follow these steps:
- Log in to your software.
- Navigate to App store / Finion Pay / Activate now.
- Apply for a new Merchant ID by filling in your data.
- Complete the required KYC process.
- Submit the application and await approval.
For more Information about the activation of Finion Pay see here.