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How to Set Up Your Katsu Agency Banking Account

Katsu provides a seamless platform for business owners and entrepreneurs to accept payments and manage transactions. Our goal is to simplify the payment process, making it easier for businesses to handle payments and improve overall business efficiency.

Get started by creating an account following this step by step guides

Step 1: Create a Business Account​

Business Details:​

  • Business Name: Enter the official name of your business (e.g., Evergreen Solutions).
  • Business Type: Select your business type from the dropdown (e.g., Limited Liability Company, Sole Proprietorship, Partnership).
  • Business Address: Input your business address, ensuring it’s the correct location. For example, you might enter "8B, Ramat Ogudu, Ojota, Lagos."

After completing the Business Details section, click the Continue button to proceed.

Business Representative Details:​

You will be asked to provide the details of the representative or owner of the business who will handle the account:

  • Full Name: Enter the first, middle, and last name of the representative.
  • Date of Birth: Select the representative’s date of birth from the date picker.
  • Gender: Choose the appropriate gender.
  • Phone Number: Enter a valid phone number that will be used for communication and verification.
  • Email Address: Provide an active email address where notifications and OTP (One-Time Password) will be sent.

Once you have filled in all required fields, click Continue to move on to the next section.

Step 2: Create an Agent Account​

This section is necessary if you're registering as an agent representing a business. You'll provide personal details for identification and verification.

Enter Representative Information:​

  • First Name: Enter the first name of the agent.
  • Last Name: Enter the last name of the agent.
  • Middle Name (if applicable): Fill out the middle name field.
  • Date of Birth: Select the date of birth from the date picker.
  • Phone Number: Enter a valid phone number for communication. This will also be used for verification.
  • Email Address: Provide a valid email address.
  • State: Select the state in which the business is registered.
  • LGA (Local Government Area): Choose the LGA from the available options.

After entering the required details, set a secure password for the account. This password will be used to access the agent account. Once done, click Continue to proceed.

Step 3: Email Verification​

Once you’ve completed the previous steps, Katsu will send a verification email to the provided email address. Follow these instructions:

OTP Verification:​

  • Check your email inbox for an OTP (One-Time Password).
  • Enter the OTP: Input the 6-digit OTP sent to your email address into the provided field on the website.
  • If you did not receive the OTP, click Resend OTP and try again.
  • Once you have entered the correct OTP, click Verify Email to confirm your email address.

Step 4: Welcome Screen​

Upon successful email verification, you will be greeted with a Welcome message indicating that the registration process has started.

Confirmation Message:​

A message will appear saying, “Welcome, [Business Name]. We’re thrilled to have you on board!”
Click Continue to Dashboard to proceed to the account setup.

Step 5: Verify Business Owner’s Details​

At this stage, you will need to verify the business owner or representative’s details. This step is necessary for account security and compliance.

Phone Number Verification:​

  • You will be prompted to verify the phone number you provided earlier.
  • You will receive a verification code via SMS that you need to enter in the system.

National Identification Number (NIN):​

  • Enter the National Identification Number (NIN) of the business owner or representative to validate their identity. This is a required step for regulatory purposes.

Bank Verification Number (BVN):​

  • Enter the Bank Verification Number (BVN) of the business owner or representative. This unique 11-digit number is required for Nigerian businesses to complete identity verification.

Identity Documents:​

  • Upload official identity documents of the business owner or representative. This may include a National ID card, international passport, or driver’s license.

Step 6: Verify Business Details​

The next step involves verifying business details to ensure your business meets Katsu’s requirements.

Business Registration Document:​

  • Upload the official business registration document, such as the CAC certificate, that proves your business’s legal status.

Proof of Business Address:​

  • You’ll need to upload a utility bill (such as an electricity or water bill) that shows the business address. Ensure that the address on the bill matches the one provided during registration.

Step 7: Liveness Check​

To confirm your identity, a liveness check will be performed.

Liveness Verification:​

  • The system will prompt you to use your camera to take a picture of yourself.
  • Face the camera and ensure your face is within the picture frame for accurate verification.
  • The system will check if the photo is real and not a static image or a video. Follow all on-screen instructions for a successful verification.

Step 8: Final Activation​

After completing the verification process, your account will be activated.

Account Activation Confirmation:​

  • You will receive a confirmation message like, “Hi [Your Name], Your account has been activated successfully.”
  • You’ll be provided with your Account Number and Bank Name.

Create Transaction PIN:​

  • To proceed with transactions, set up a Transaction PIN. This PIN is essential for making payments and transfers within the platform.

Step 9: Access Your Dashboard​

Once the setup is complete, you will be directed to your Dashboard, where you can manage your account settings, view transactions, and explore other features of the Katsu platform.

Dashboard Features:​

  • Transactions: View your financial transactions, including deposits and withdrawals.
  • Settings: Customize your account preferences and security settings.
  • Dispute Management: Manage any disputes or issues related to transactions.

Conclusion​

By following these steps, you will have successfully set up a Katsu Agency Banking account for your business. From here, you can manage your business transactions, monitor finances, and access Katsu’s comprehensive suite of payment solutions.

Should you encounter any issues, Katsu’s customer support is available to assist you throughout the process.