Account Setup
Personal (Starter Business)

Personal (Starter Business)

This account setup option is designed for small or early-stage businesses that are not yet officially registered but still want to receive payments using Tranzakt. To begin, you're prompted to complete your account setup. The required information is organized into three sections:

  1. Personal Information
  2. Personal Identification
  3. Business Information

Personal Information

This section collects your personal details, which Tranzakt uses to verify your identity. You’ll need to provide the following:

  • First and Last Name: Use the name that appears on your official identification.
  • Gender
  • Marital Status
  • Phone Number: Use the number linked to your BVN.
  • Date of Birth
  • Nationality
  • Residential Address
  • Landmark/Bus Stop
  • Local Government Area (LGA)
  • City
  • State/Region
  • Proof of Address: Upload a document (e.g., utility bill, bank statement, or official letter) that confirms your residential address. It must not be older than 3 months.

Once you’ve filled in all the details, click Save and Continue to move on to the next step.

Personal Identification

In this section, you'll need to provide documents that verify your identity. These details help Tranzakt confirm who you are and ensure the security of your account. You'll be asked to: Upload a Passport Photograph

  • Bank Verification Number (BVN)
  • Choose a Type of Identification Document: National Identification Number (NIN), International Passport, Driver’s License, Voter’s Card
  • Enter the ID Number: Type the number as it appears on the selected ID document.
  • Upload the ID Document

Business Information

If your business address is the same as your residential address, simply confirm this. All relevant details; residential address, landmark, LGA, state, ZIP code, and proof of address, will be automatically applied.

In this section, you’ll provide details about the business you want to register on Tranzakt. This helps us understand your business better and ensures you’re set up to receive payments. The required information includes:

  • Business Name
  • Business Description
  • Business Logo (optional)
  • Business Email Address
  • Business Website (optional)
  • Business Type: This is preset to Starter Business based on the personal account type you selected during sign-up.
  • Staff Size
  • Estimated Annual Revenue: Enter your projected revenue for the next 12 months. If you exceed this projection, the Tranzakt team may reach out to request official business registration so you can upgrade to a Registered Business account.
  • Business Address
  • Landmark/Closest Bus Stop
  • Local Government Area (LGA)
  • State/Region
  • ZIP Code
  • Proof of Address

Once you complete this section, you can proceed to submit your account setup for verification.

Verification Process

Once you complete your account setup and submit the required information, you’ll need to accept the Service Agreement. After this, your details are sent to Tranzakt for review.

A Tranzakt admin will verify the information provided and either approve or reject your account setup based on the review.

You can view all the information you've submitted, along with your verification status, on your profile page.

If Your Verification Fails

If there are any issues with the information you submitted, the system will highlight the fields that need correction.You’ll then be prompted to update those details and re-enter the account setup process to provide accurate information.

Account SetupRegistered Business