How to Set Up iKhokha Profile and Get Your Business Trading
Let’s help you get set up and ready to start accepting payments.
To get started you’ll need to create a profile, submit your personal and business details, and complete a face scan to verify your identity. This information is required for FICA checks. Learn more about “What is FICA?”
How do you create your profile and start accepting payments?
Getting set up is quick and easy. You register using our online system by creating your profile and providing all the information we need to get you verified.
Depending on which type of business you have - whether you are a sole proprietor, a registered business, non-profit or trust etc. - you’ll be required to provide different information.
Click on the relevant business type below to see the steps you’ll need to follow to get set up and paid!
Sole Trader/ Sole Proprietor (Individually owned business that isn’t registered)
Owned by one person and includes informal businesses, a side hustle, project or businesses that sell at markets. Not registered with CIPC.
Registered Business (PTY) Ltd
Private Limited Company (Pty) Ltd. A business registered with the CIPC.
Registered Business (CC)
Close Corporation (CC). A business registered with the CIPC.
Trust
A legal arrangement where one or more people (trustees) manage assets or property on behalf of another person or group (beneficiaries).
Partnership
A business with two or more owners that have a written agreement on how they manage and run their business.
Non-Profit Organisation (NPO)
An NPO not registered with the Department of Social Development.
School, Church, Stokvel or Club
Informal bodies which include schools, churches, stokvels, social, or sports clubs.
Other Legal Entity
Includes non-governmental (NGO) or non-profit organisations (NPO) registered with the Department of Social Development, or any other business type not listed above.
