When applying for a standard merchant account, you will typically need to provide certain documents and information to complete the application process. These requirements may include:

1. Business license or certificate of incorporation: This document verifies the legal existence of your business and its registration with the appropriate authorities.
2. Business bank account information and statements: You will need to provide details about your business bank account, including the account number and bank statements to demonstrate financial stability.
3. Personal identification: A valid identification document, such as a driver’s license or passport, will be required to verify your identity as the business owner or authorized representative.
4. Voided check: A voided check from your business bank account may be requested to confirm your account details for processing transactions.
5. Processing history (if applicable): If you have an existing processing history with another provider, you may need to provide statements or reports to demonstrate your transaction volume and history.

In addition to the standard requirements, high-risk merchant accounts may have additional criteria to assess the level of risk associated with the business. These requirements may include:

1. Enhanced due diligence documentation: High-risk industries may require additional documentation, such as detailed business plans, financial projections, or compliance certificates, to assess the viability and legitimacy of the business.
2. Industry-specific documents: Certain industries, such as gambling, adult entertainment, or pharmaceuticals, may have specific regulations or licensing requirements. You may need to provide industry-specific documents to comply with these regulations.
3. Chargeback history: If your business has a history of chargebacks (disputed transactions), you may need to provide information about previous chargeback ratios and how you have addressed and minimized chargebacks.
4. Processing statements (if applicable): For businesses with prior processing history, you may be asked to provide processing statements to evaluate transaction volumes, average ticket sizes, and chargeback rates.