How to register as a merchant on OEX

Registering as a merchant on OEX involves creating an account, verifying your business, completing KYC, choosing a commission plan, and integrating your preferred payment gateway.

Jan 14, 2025 at 08:27 am

How to Register as a Merchant on OEX

Key Points:

• OEX registration process consists of account creation, business verification, and KYC.
• Merchants can choose different commission plans based on their transaction volume.
• OEX provides comprehensive merchant tools and integrates with popular payment gateways.

1. Account Creation

• Visit the OEX website and click on "Merchant Registration."
• Fill out the registration form with basic details, including your name, email, and phone number.
• Create a strong password and verify your email address.
• Once your account is created, you will be logged in to the OEX Merchant Dashboard.

2. Business Verification

• Provide your business name, address, and registration documents.
• Submit proof of ownership or authorized representation of the business.
• Indicate the type of products or services you will be offering.
• Review and agree to OEX's Merchant Terms of Service.

3. KYC (Know Your Customer)

• Provide personal information, including your name, address, date of birth, and ID number.
• Submit a valid government-issued ID document, such as a passport or driver's license.
• Upload proof of residency, such as a utility bill or bank statement.
• Once your KYC is processed, you will be approved as a merchant on OEX.

4. Commission Plan Selection

• OEX offers three commission plans: Basic, Advanced, and Premium.
• Choose the plan that aligns best with your transaction volume and business needs.
• Fees vary depending on the plan and transaction type.
• Review the commission structure carefully before selecting a plan.

5. Payment Gateway Integration

• OEX integrates with popular payment gateways like PayPal, Stripe, and Coinbase Commerce.
• Merchants can easily integrate their existing payment gateways or choose from OEX's supported options.
• Follow the instructions provided by OEX for seamless integration.

6. Setting Up Your Store

• Create your store on the OEX Merchant Dashboard.
• Customize your store with a logo, banner, and product listings.
• Set up shipping and return policies, as well as customer support channels.
• Ensure your store is well-organized and easy for customers to navigate.

7. Marketing and Promotion

• Take advantage of OEX's marketing tools to promote your store.
• Create promotional campaigns, offer discounts, and run social media contests.
• Engage with customers on social media and forums to build brand awareness.

FAQs

Q: What are the requirements for becoming a merchant on OEX?
A: Merchants must have a registered business, provide valid business documents, and comply with KYC regulations.

Q: How long does the registration process typically take?
A: The registration process can take a few days to complete, depending on the volume of applications and the thoroughness of the KYC review.

Q: What fees are associated with being a merchant on OEX?
A: OEX charges transaction fees based on the commission plan selected. Fees vary depending on the type of transaction, such as credit card payments or cryptocurrency purchases.

Q: What support options are available for merchants?
A: OEX provides a comprehensive support system for merchants, including a dedicated merchant onboarding team, 24/7 customer support, and technical documentation.

Q: How do I integrate my existing payment gateway with OEX?
A: OEX provides clear and detailed instructions for integrating your chosen payment gateway into your merchant store. Detailed documentation is available on the OEX website and within the Merchant Dashboard.