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Straight talk and smart solutions. No fancy jargon, no false promises, that’s how we turn dreams into reality with Elevant personal finance. 

Common Merchant FAQs

What do I need to do to enter into a merchant arrangement with you?

Go through the sales discovery process and sign the merchant agreement document.

Can I apply online to become a merchant?

Yes, you can fill out the form to initiate the on-boarding process.

Will I be charged a fee by you?

Yes, merchant service fees apply to certain products and are based on the loan terms.

What industries do you cover?

Education, Home Improvement, Solar, Airconditioning & Heating, Household Appliances, Household Electronics, Furniture, Photography, Dental & Orthodontics, Travel including Flights and Accommodation, Veterinary, Health, including IVF and Audiology.

Do I need to verify the identity of my customers?

Yes, all customers will go through a KYC/ID and AML/CFT check before approving the loan.

What happens if my customer misses a payment or is unable to pay?

They can fill out our financial hardship form to receive help. Direct them to the Elevant customer page to find the Financial Hardship Form.