6. Access the payment systems you require
Once you’ve decided on the best option for your business you will be ready to:
- apply to join one or more payment schemes as a member
- engage in the process of securing services via a sponsor relationship.
When you’ve reached this point in the process, your engagement will be with the relevant organisation who will guide you through the appropriate process for you to secure access to payment systems. The time it takes from application to accessing the payment services required may vary depending upon your selected access route and whether you also need to apply for associated permissions, such as a banking licence. The organisation you engage with for payment services will be able to provide more information about the timings and process to secure your access.