What Documents Required for Payment Gateway Registration in Assam

If you are looking for the documents required for payment gateway registration in Assam, then this article is for you! We will be discussing the various documents that are needed to successfully register your payment gateway and get it up and running in no time. Read on to find out more about what you’ll need to get started!

Introduction to Payment Gateway Registration

A payment gateway is an e-commerce application service provider that authorizes payments between a merchant and the customer, typically for online shopping. It is the equivalent of a physical point of sale terminal located in most retail outlets. In order to register a payment gateway in Assam, the following documents are required:

1) A copy of the applicant’s PAN card
2) A copy of the applicant’s Aadhar card
3) A cancelled cheque leaf of the account to be registered with the payment gateway
4) A recent utility bill (not more than 3 months old) in the name of the applicant

Overview of the Processing of Payment Gateway in Assam

When you want to set up a payment gateway in Assam, there are certain documents that are required for the registration process. In order to use a payment gateway, merchants must first register with the payment gateway. This involves providing the payment gateway provider with details such as business name, contact information, bank account details and other relevant information. The registration process also requires merchants to agree to the terms and conditions of the payment gateway provider’s service. Once registered, merchants can then start accepting payments online through their website or mobile application. Here is an overview of what you will need:

1. A copy of your business registration certificate.

2. A copy of your GST registration certificate.

3. A copy of your PAN card.

4. Your bank account details including account number, IFSC code, and branch address.

5. A cancelled cheque leaf or a bank statement showing your account details.

6. An authorization letter from your bank allowing you to set up a payment gateway with them.

7. Your company’s logo in JPEG or PNG format (optional).

Documents Needed for Payment Gateway Registration in Assam

Basically Documents is Required for payment gateway in India depends upon type of business formations as legal. There are 5 type of Business Formation and Trust & Society Registration in India –

Proprietorship Firm
Partnership Firm
Private Limited Company
One Person Company (OPC)
Limited Liability Partnership (LLP)

First of all we explain a common documents which is required for any type of business formation :-

General Documents
1	Photo Proof (Signing Authority)	Pan card copy Passport Copy OR Driving License Copy OR Aadhar Card OR Election card (Self attested required sign & company stamp on it)
2	Office Address Proof	Own Property – Electricity bill Rent Property – Rent Agreement copy & Electricity bill Bank Account : Statement OR Passbook
3	Additional Documents	Individual (No additional documents required) Sole Proprietor Partnership / LLP Firm Private Limited
4	Cancelled Cheque	For the bank account into which you will be receiving payments.

Assuming you are referring to the documents needed for setting up a payment gateway in Assam, they are as follows.

Sole Proprietorship Firm

Any 1 documents:

a	Registration certificate (in the case of a registered concern)
b	Certificate/license issued by the Municipal authorities under Shop & Establishment Act
c	Sales and income tax returns
d	CST/VAT certificate
e	Certificate/registration document issued by Sales Tax/Service Tax/Professional Tax authorities.

Partnership Firm / Limited Liability Partnership (LLP)

a	Certificate of registration (for registered partnership firms only)
b	Copy of partnership deed
c	Copy of Pan Card of Partnership Firm
d	Board resolution applicable in case of LLP only (on letter head of LLP) a resolution passed in favor of authorized signatory. Note: Date should be in printed format & also the date should be less than 60 days.

Private Limited Company / One Person Company (OPC)

a	Memorandum / Articles of Association and Certificate of Incorporation. (1st and Last 3 Pages)
b	List of Directors details from MCA Website.
c	Company Pan Card.
d	Board Resolution

Trust

a	Certificate of registration
b	Bank account proof – Cancelled cheque /passbook/ bank statement of the bank account (Original). IFSC code and Name should be printed or bank verification letter
c	Pan Card copy of the Authorized signatory
d	Copy of Address Proof (Driving License/ Voter ID/ Aadhaar Card/ Passport) of signing authority
e	Signed authorisation letter
f	List of beneficiaries, settlor(s), trustees
g	Copy of Trust’s pan card
h	Trust deed

Society

a	Certificate of registration
b	Bank account proof – Cancelled cheque /passbook/ bank statement of the bank account (Original). IFSC code and Name should be printed or bank verification letter
c	Pan Card copy of the Authorized signatory
d	Copy of Address Proof (Driving License/ Voter ID/ Aadhaar Card/ Passport) of signing authority
e	Copy of Society pan card
f	Signed authorisation letter
g	Bye-laws for Society

How to Register for a Payment Gateway in Assam

Once you have all the documents ready, contact the provider of your choice and they will guide you through the registration process. If you face any difficulties you may contact our team for further help in the process.

Please Note the Following:

If the Order/Spelling and Date of Birth on the Address Proof do not match the details on the Pan Card, then please send a declaration/affidavit (original copy) stating the name and DOB on the Pan card, as well as the name and DOB on the address proof, and declaring correct spelling and declaring that they are both the same person.
Please ensure that the Name Order/Spellings and Date of Birth on the Address Proof should match the details as on the Pan Card. If not, then send a declaration/affidavit (Original Copy) by stating the name and DOB on the Pan Card and the name and DOB on the address proof and certifying that the spelling is correct and the names and DOB are the same.
The signature on the authorization letter should be the same as on the personal PAN card, passport, or driving license
There may be instances when the information is directly pulled from sources such as MCA, NSDL, or through penny testing, and you may not need to upload some of these documents.

Tips to Consider When Setting Up a Payment Gateway Account

When you are setting up a payment gateway account, there are a few things to keep in mind. Here are some tips to consider:

1. Make sure you have all the required documents. This includes your business registration documents, tax ID, and bank account information.

2. Choose a reputable and reliable payment gateway provider. Do your research and read reviews to find the best fit for your business.

3. Consider the fees associated with setting up and using a payment gateway account. Some providers charge monthly or transaction-based fees, so be sure to factor this into your budget.

4. Set up security measures to protect your customers’ data. This includes installing SSL certificates and ensuring that your website is PCI compliant.

5. Test out the payment gateway on your site before going live with it. This will help ensure that everything is working properly and that your customers can successfully make payments.

Conclusion

Payment gateway registration in Assam is a straightforward process, provided that all the required documents are filled out correctly and submitted on time. It is important to note that all applications should be accompanied by necessary documents such as PAN card, GST certificate, Bank Account details and others for successful processing of the application. Furthermore, one must also ensure to select a reliable Payment Gateway provider who offers excellent customer service and secure payment services. With these tips in mind, you can easily register your Payment Gateway in Assam with ease and convenience.

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