How do I create a Kora account?
Creating an account on Kora is free, easy, and fast (can be done in five minutes). All you need to do is:
Click on the ‘Create Account’ button on the website or click on this link.
Fill in the required details:
First and Last Name
Business Name
Business Email
Business Address
Country of Business Registration
Phone Number
Password
How you hear about us
Agree to our Merchant Service Agreement and click on ‘Create Account’. A verification link is sent to your email to verify your email address
Once you’ve successfully verified your email by clicking on the verification link.
Voila!, you’ve successfully created an account on Korapay.
Here's a video on how to create a Kora merchant account:
POST-SIGN-UP QUESTIONS AND ANSWERS:
How do I access the dashboard after creating an account?
Once you’ve successfully created an account on Kora, you’ll be asked to select your Business Type after which you’ll have access to the dashboard. However, you’ll only have access to the test environment on the dashboard until your business is verified. You’ll be able to play around with Test Payment Links, Test keys for integration, and every other section on the dashboard but in Test Mode.
How do I know my business type?
You’ll be required to select your business type immediately after signing up and successfully verifying your email. We ask for this information to enable us to tailor your experience on Kora based on your business type. We group businesses into 3 main types:
Individual: you’re categorized as an individual if you don’t have any business but still want to accept and make payments in your name.
Registered Business: as a registered business, you have a business that is registered. You can either be a Small & Medium scale Enterprise or Non-SME (a much larger corporation).
NGO: as a registered Non-Governmental Organisation, you can accept payments and receive payments via our payments gateway.
How can I activate my business?
Activating your business on Kora involves providing some information and documents to verify the legitimacy of your business. This includes, but is not limited to, a valid business license, tax registration certificate, and proof of ownership. Once your information has been reviewed and approved, your business will be enabled for live transactions.
How can I activate my business as an Individual?
Activating your account as an individual on Kora is a 2-step process.
Step 1: Creating your profile
To create your profile, you will be required to provide information such as your full name, date of birth, contact information, and other relevant details.
Step 2: Verifying your identity
To verify your identity, you will be required to upload documents such as a government-issued ID, passport, or driver's license.
Please ensure that the information and documents you provide are accurate and up-to-date. Once your information has been reviewed and approved, your account will be activated and you will be able to use Kora services. To submit your information and documents, please visit our website and follow the instructions provided.
How can I activate my business as a Registered Business?
Activating your account as a Registered Business on Kora is a 3 step process (depending on your Registered Business Category). As a registered business, you can either be an SME or a Non-SME. As an SME, there are 3 sub-categories:
Sole Proprietor
Limited Liability Company
Limited Partner
Sole Proprietor: First, you would be required to provide some more information about you to form your profile (Business Profile), and then you’ll be required to upload some documents to verify your identity (Business Documents).
Required Business Profile information:
Business Address
SME Category (Sole Proprietor)
Business Website/social media handles
Business Documents:
Valid ID (All Government issued IDs except NIMC)
Business name Registration Certificate- CAC BN1
Proof of Address (Utility bills such as Electricity bills, Waste bills, Internet Service Provider bills, etc; Statement of Account; Rent Agreement)
Limited Liability Company or Limited Partner: First, you would be required to provide some more information about you to form your profile (Business Profile), and then you’ll be required to upload some documents to verify your identity (Business Documents). Lastly, you’ll be required to provide information about the business representatives (Business Representative Information).
Required Business Profile information:
Business Address
Business Description
SME Category (Limited Liability Company/Limited Partner)
Business Website/social media handles
Business Documents:
Certificate of Incorporation
MEMART
Proof of Address (Utility bills such as Electricity bills, Waste bills, Internet Service Provider bills, etc; Statement of Account; Rent Agreement)
Business Representative Information:
Full Name of Business Representative
Position of Business Representative
Valid ID (All Government issued IDs except NIMC)
Non-SME: First, you would be required to provide some more information about you to form your profile (Business Profile) and then you’ll be required to upload some documents to verify your identity (Business Documents). Lastly, you’ll be required to provide information about the business representatives (Business Representative Information)
Business Profile information for:
Business Address
Business Description
Industry
Business Website/social media handles (optional)
Business Documents:
Certificate of Incorporation
MEMART
Proof of Address (Utility bills such as Electricity bills, Waste bills, Internet Service Provider bills, etc; Statement of Account; Rent Agreement)
Business Representative Information:
Full Name of Business Representative
Position of Business Representative
Valid ID (All Government issued IDs except NIMC)
How can I activate my business as an NGO?
Activating your account as an individual on Kora is a 3 step process. First, you would be required to provide some more information about you to form your profile (Business Profile) and then you’ll be required to upload some documents to verify your identity (Business Documents). Lastly, you’ll be required to provide information about the business representatives (Business Representative Information).
Business Profile information:
Address
Registered services
Incorporated Trustee Category
NGO
Religious Organizations
Clubs/Societies
Business Documents:
Certificate of Incorporation
Approved Constitution
Proof of Address (Utility bills such as Electricity bills, Waste bills, Internet Service Provider bills, etc; Statement of Account; Rent Agreement)
SCUML Certificate
Anti-Money Laundry (AML) Policy
Business Representative Information
Full Name of Business Representative.
Position of Business Representative.
Valid government-issued ID (excluding NIMC)
How long is the Business Activation process?
The Business Activation process takes approximately 24 to 48 working hours after you submit the required information. You will receive feedback from the Compliance team via email.
How do I upgrade my Business Type after I’ve gone Live?
To upgrade your Business Type after going live, you'll need to provide additional information based on the new type. Contact [email protected] for more information on this process.
How do I know the status of my document verification after submission?
To check the status of your document verification, log in to your dashboard and look at the status at the top left of the page. The status can be either "Verification in Progress" or "Verify Your Account".
Verification in progress: This means that your documents are being reviewed by the Compliance team and you will receive feedback via email.
Verify your account: this means that you need to provide your documents for review. Click on this status to be directed to the page where you can upload the necessary documents to be approved to use the platform. For further information, email [email protected].