What details should I include in my business description?
The Business Description field should provide a clear summary of what your business does and the products (goods or services) it offers. So, when we verify your Zoho Payments account details, it helps us understand your business operations and ensures a smooth onboarding process.
When describing your business, include the following details:
- Nature of your business: Provide a clear description of what your business does (e.g., We specialize in repairing air conditioners).
- Products offered: Specify the goods or services for which you will be collecting payments through Zoho Payments (e.g., We offer cleaning services for air conditioners and sell second-hand air conditioners).
- Payment collection purpose: Explain why you are using Zoho Payments (e.g., We would like to use Zoho Payments to securely collect one-time and partial payments for goods).
Additionally, you can also highlight any key aspects of how your business operates.
Pro Tip: If you’re still unsure, you can refer to this template and draft your business description.
[Your Business Name] is a [nature of your business] specializing in [briefly describe your core services or products]. We offer [list key products or services] to our customers, ensuring [mention any value proposition, such as quality, efficiency, or customer satisfaction].
Through Zoho Payments, we want to collect payments for [mention what you are collecting payments for, e.g., one-time service fees, product sales, or recurring subscriptions].
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