Discover the key requirements for signing up on Vendy. Here is a breakdown of the criteria for the different Merchant Tiers on Vendy ensuring a seamless onboarding experience.
Merchant 1 (Tier 1)- Lifetime Transaction Collection Limit- N1,000,000
Owner's name
Business name
Business address
Phone number
Email address
Date of Birth (DD/MM/YY)
National Identification Number (NIN)
Bank Verification Number (BVN)
Business Category/Industry
To remove the collections limit on your account, kindly upgrade to Merchant 2 (Tier 2).
Merchant 2 (Tier 2)-No Transaction Collection Limit attached
Owner's name
Phone number
Email address
Date of Birth (DD/MM/YY)
Selfie/Recent Passport Photograph of a Sole Proprietor/Trustee/Director
Business name
Business address
Business Proof of Address
National Identification Number (NIN)
Bank Verification Number (BVN)
Tax Identification Number( TIN)
Business Category/Industry
Business Certificate/ CAC