Overview
Business Details contains your merchant-level identity and compliance information. This is required to pass our business review and activate live payments on your store.
Access it from Finance → Business Details or Settings → Business Details in the dashboard.
Why Business Details Matter
| Purpose | Description |
|---|
| Business Review | Required to enable live (production) payment processing |
| Tax Compliance | Proper tax reporting and remittance |
| Customer Invoices | Professional invoices with your business info |
| Payouts | Verification for fund withdrawals |
Business Type
| Type | Description |
|---|
| Individual / Sole Proprietor | Single person business |
| Company / Corporation | Incorporated entity |
| Partnership | Multiple owners |
| LLC | Limited Liability Company |
| Non-Profit | Tax-exempt organization |
| Field | Required | Description |
|---|
| Legal Business Name | Yes | Official registered name |
| Business Registration Number | Varies | Company number, EIN, etc. |
| Tax ID / VAT Number | Varies | For tax purposes |
| Industry | Yes | Primary business category |
| Website | Yes | Your business website |
| Contact Email | Yes | Business contact email |
Business Review Process
Submit Business Details
Fill in your business information and submit your application.
Under Review
The Waffo team reviews your submission. This typically takes 1–3 business days.
Live Payments Enabled
Once approved, your store can accept live payments.
Verification Status
| Status | Meaning |
|---|
| Pending | Awaiting submission |
| Under Review | Being verified by the Waffo team |
| Succeeded | Verified — production payments enabled |
| Returned | Additional information required — resubmit |
| Rejected | Application rejected |
A rejected application is final. If you believe this is an error, contact support.
Identity Verification
In addition to the business review, you may be required to verify your personal identity:
- Government-issued ID
- Proof of address
- Date of birth
Identity verification is processed separately from the business review and is required to receive payouts. See Identity Verification.
