Paisr for Businesses
The payments solution for businesses in the Caribbean.
Introduction
Paisr is the easiest way for businesses in the Caribbean to start accepting payments from almost anywhere in the world. Setup one-time and recurring billing flows, and manage financial operations at scale.
Getting Started
Before getting started with this guide, please make sure to setup your free Paisr account at app.paisr.tech. It’s quick and easy, don’t worry.
Onboarding
To get started with using Paisr for business use, you’ll need to onboard your business. This can easily be done in under 10 minutes.
Before starting the onboarding process, make sure to have these important documents ready:
- Proof of Incorporation
- List of beneficial owners (* if applicable)
- Tax Certificate (* if available)
- License (* if applicable)
What if my business isn’t incorporated?
If your business is not registered with the local office of commerce, you can still continue with the onboarding process while starting the incorporation process as soon as possible.
If your business isn’t verified before you start accepting payments from customers, your payouts will be paused and funds won’t settle to your wallet untill you do. We highly recommend verifying your business before billing customers.
Profile Selection
If you’re logging in to Paisr for the first time, you’ll be presented with the following screen:
From here, select business to start the business onboarding process.
Country of Incorporation
In this section, you’ll be asked to select the country where your business is registered. Make sure to select the correct country and click Start Onboarding
Business Information
Next, you’ll be asked to provide some basic information about your business. This information is used to identify your business on the platform, to partners, regulators and your end-customers.
Fill in your business details as they appear on official documents. Once you’re ready, click the Setup button to start the process.
Business Verification
Welcome to Paisr 🥳, you’re now one step closer to taking your business to the next level. Take a look around and feel free to explore.
Once you’re done exploring, visit the Home section in your dashboard and click on the Activate Payouts button to start the business verification process.
Not a registered business?
No sweat, we all start somewhere. You can start setting up Paisr and ready your business before going live. If you’re building something big and complex, reach out to our team for a Sandbox acccount to use all Paisr services in a staging enviroment.
In the meantime we recommend starting the incorporation process with your local office and coming back here later once you’re ready.
Confirm Business Information
To continue, confirm your business information as provided earlier and modify anything that you may have missed during onboarding.
Make sure it’s all correctly filled out because it can’t be changed once you’ve submited your application for approval.
Add Beneficial Owners (UBO)
Beneficial owners are the shareholders and operators that have influence on the business and its operations. Make sure to add all the actors associated with your business, we’ll send them an email to confirm their identity and association.
Upload Required Documents
Remember the important documents we mentioned earlier? It’s time to upload them.
Once you’ve uploaded all the required documents, click on Continue.
Submit Application for Approval
You’re now ready to submit your application for approval. Double check your information and go back to correct anything that may be incorrect or missing.
Once you’re ready, click on Submit to start the verification process.
This process could take up to 10 days to complete and may require additional information. In the meantime, feel free to start using Paisr.