Frequently Asked Questions
How much does merchant verification cost?
Verification fees depend on merchant size and verification depth, with basic verification ranging from several hundred to MOP 1,500. We recommend requesting a specific quote first.
How much can merchant verification improve customer trust?
Verified merchant information can increase customer trust by 30-50%, with particularly significant effects on converting new customers.
How long does the verification process take?
The complete verification process typically takes 5-10 business days. Expedited services can shorten this to 3-5 days, but additional fees apply.
Which industries benefit most from merchant verification?
Industries that prioritize credibility benefit the most, especially retail, food and beverage, and tourism services, as well as merchants engaged in cross-border business.
How accurate is AI-assisted verification?
AI initial screening can achieve 85-90% accuracy, which can be improved to over 95% when combined with manual review, significantly enhancing efficiency.
