How to FICA for iK Tap on Phone

Everything you need to know to get FICA approved and start accepting card payments on your smartphone with iK Tap on Phone.

All You Need to Get FICA Approved

As one of SA's fastest-growing fintech companies, we are determined to bring financial inclusion to all our merchants. First, we need to get you FICA approved!

 

What is FICA?

Financial Intelligence Centre Act: The Financial Intelligence Centre Act (FICA) is a legal requirement that protects both businesses and individuals against financial crimes. By law you need to be FICA approved before you can trade with an iKhokha card machine

 

How to Get FICA Approved

Simply send your FICA documents to the following email address to get FICA approved:

top@ikhokha.com

 

Which documents do you need?

Your FICA documents will vary depending on your business structure. Here's what we need to get you FICA approved!

 

Sole Proprietors:

Business (PTY, CC, Inc):

  • Business name
  • Contact number
  • Type of business (e.g. hair salon, bakery, etc)
  • Clear picture of your original ID
  • Selfie holding your ID open on the first page
  • Bank statement or Account Confirmation Letter
  • Proof of address with your name (Municipal Bill, Bank Statement, Rental Agreement or Affidavit)
  • Device serial number (Check SN on the back of your device)
  • Business name
  • Director’s contact number
  • Type of business (e.g. retail store, restaurant, etc)
  • Copy or clear picture of a director's original ID
  • Selfie of e director holding their ID open on the first page
  • Business bank statement or business Account confirmation Letter
  • Proof of business address, Municipal Bill, Bank Statement, Rental Agreement or Affidavit
  • CIPRO or Business Registration Docs
  • Device serial number Check SN on the back of your device

 

Business (NPO, NPC):

Trust, Partnership, legal entity or other legal persons:

  • Business name
  • Director's contact number
  • Type of business (e.g. social or recreational club, trade, charity)
  • Copy or clear picture of a director's original ID
  • Selfie of the director holding their ID open on the first page
  • Business bank statement or business Account Confirmation Letter
  • Proof of business address (Municipal Bill, Bank Statement, Rental Agreement or Affidavit)
  • CIPRO or business registration docs
  • Constitution/Finding Docs
  • Device Serial number (Check SN on the back of your device)
  • Business name
  • Director's contact number
  • Type of business (e.g. school, church, social club, etc)
  • Copy or clear picture of a director's original ID
  • SeIfie of a director holding their ID open on the first page
  • ID copies of all board members/ directors
  • Business bank statement or business Account Confirmation Letter
  • Proof of business address (Municipal Bill, Bank Statement, Rental Agreement or Affidavit)
  • CIPRO or Business Registration Docs
  • Constitution/Founding Docs
  • Device serial number (SN on the back of your device)

 

 

Once you've submitted and we've processed your documents, we'll send you a FICA confirmation email to let you know once you are FICA approved. From there, we'll help you set up your app and start trading.

 

Here's to making business simpler, better, easier with iKhokha.

 

For assistance, please visit help.ikhokha.com, contact us on 031 942 2205

or email top@ikhokha.com.

 

For more information on FICA

please visit https://help.ikhokha.com