UOB MERCHANT APPLICATION FORM 2025

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For example, a retailer selling a product to a customer. The customer uses a payment card for the purchase, the merchant service provider will move the customers funds to that of the retailer. This can usually take up to 48 hours for these funds to be credited to the retailers bank account.
Visit to check for your application status by keying in your application reference ID and your date of birth. Alternatively, you may visit UOB website, click on CARDS, under TOOLS, click on CARD APPLICATION STATUS.
Merchant processing is the service that enables businesses to accept electronic payments, such as credit and debit card transactions.
While navigating merchant applications can feel daunting, its a crucial step for any business looking to accept payments. These applications enable merchants to partner with payment processors to seamlessly process customer transactions.
A Merchant Application Form is a document used to receive traders personal data. This form is obligatory to gain the right to process payments inside the organization.
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Cards are approved instantly when applications are completed between 7am to 8pm. * Applications received outside these times will be processed the next working day.
Merchant Application means the application which Merchant signed and submitted to Peoples Trust in order to be eligible to receive the payment processing services described in this TOS. (This definition of Merchant Application is consistent with that ascribed to it in the Merchant Application itself.)
A merchant account is a bank account that is specifically used for accepting customer payments, usually by credit card, debit card, or other electronic transfer. Its not a standard business bank account. A merchant account holds on to funds before theyre transferred to the merchants primary business bank account.

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