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What is the Difference between a Company and an Individual account?
What is the Difference between a Company and an Individual account?

Which business type should you choose when activating or creating an Account for the Connected Payment Methods?

V
Written by Vlad
Updated over 4 years ago

When activating the Connected Payment Methods it is important that the corresponding Account is clicked.

In the following we explain where the differences between "Company" and "Individual" are.

Company: Here it must be a registered company with a legal form (e.g. OHG, AG, UG, GmbH, etc.) In this case an appropriate document such as an extract from the commercial register or a business registration must be submitted and uploaded. 

Individual: These are smaller business or corporate structures. As a rule, these are sole proprietorships or sole proprietorships.

In the unlikely scenario that the wrong Account has been activated and Documents are missing, the FitogramPro Team will contact you and help you verify the Account.

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