Wix Payments: Adding & Managing Business Owners | Help Center

Wix Payments: Adding & Managing Business Owners

4 min read

In this article

Adding business owners in the Wix Payments setup process
Adding business owners in an existing Wix Payments account
Editing a business owner's details
Removing a business owner

If you're accepting payments as a business entity (Corporation, General Partnership, Limited Liability Company), you must add the details of the relevant business owners / directors to make sure your Wix Payments account complies with all legal requirements.

Who should I add?

People holding 25% or more of the company's ownership.
People who are significantly responsible for managing the company. This includes (but is not limited to) roles like the CEO, CFO, COO, President, Vice President, General Partner, Treasurer, Chairperson, Director etc.
If in Canada or the Netherlands, Directors on the corporation company board.

Important:

Wix Payments may require additional information and/or documents to verify your business owners' identity.
You may, but are not required to, add another manager if you've already added yourself.

After adding the company's business owners to your Wix Payments account, you can always go back and edit their details or remove them completely if they are no longer relevant.

Adding business owners in the Wix Payments setup process

Go to Accept Payments in your site's dashboard.
Click Complete Set-up under the relevant Wix Payments payment method.
Click Complete Account Set-up.
Select your business type.
Tip: Click the How to select the right business type? guide to help you make your choice.

Enter the business owner details:
1. Full name
2. Country of residence
3. Date of birth
4. Personal address
5. ID number or Social Security Number (SSN)
6. Email address
Select the checkboxes:
1. Does this person own 25% or more of the business:
  - Yes: Select this option if this person is a shareholder owning 25% or more of the business.
  - No: Select this option if this person owns less than 25% or doesn't own the business at all.
2. Does this person have significant responsibility for managing the company:
  - Yes: Select this option if this person holds a position with control over company management (e.g. CEO, CFO, Treasurer, Chairperson, etc.)
  - No: Select this option if this person's position doesn't involve company management.
Enter the person's Title using the text box.
Click Add.
Click Upload Photo ID and select an ID type.
Upload and click Submit.

Adding business owners in an existing Wix Payments account

Go to Manage Wix Payments.
Click Edit Account Details.
Scroll down to Business Owners and click + Add business owner.

Enter the business owner details, as required:
1. Full name
2. Country of residence
3. Date of birth
4. Personal address
5. ID number or Social Security Number (SSN)
6. Email address
Select the checkboxes:
1. Does this person own 25% or more of the business:
  - Yes: Select this option if this person is a shareholder owning 25% or more of the company.
  - No: Select this option if this person owns less than 25% or doesn't own the business at all.
2. Does this person have significant responsibility for managing the company:
  - Yes: Select this option if this person holds a position with control over company management (e.g. CEO, CFO, Treasurer, Chairperson, Director etc.)
  - No: Select this option if this person's position doesn't involve company management.
Enter the person's Title using the text box.
Click Add.
Click Upload Photo ID and select an ID type.
Upload and click Submit.