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home/Knowledge Base/Online Payment/How to Subscribe for Online Payment Collection?

How to Subscribe for Online Payment Collection?

146 views 0 December 5, 2022 Updated on May 16, 2025 mippsupportadmin

Collecting payment is a sensitive issue as it involves money. We take it very seriously and want to ensure that the proper procedures are followed. We are using Bambora Inc. as our payment processing vendor. To use our payment module, a merchant account needs to be set up with Bambora. Please follow the steps below to apply for a merchant account:

 

In this tutorial we will discuss how to Subscribe for Online Payment processing in MiPropertyPortal. So, let’s get started!

1. What is a merchant ID?

A merchant ID is an account with our payment processing vendor, worldline. Each merchant id is connected to a physical bank account, such as RBC checking account.
once the merchant id is associated in our portal, all money received will go directly to that bank account and all vendor or owner payment will go from that account.

A merchant ID is a account with Worldline payment processor

2. Can I have multiple merchant IDs?

Yes.

3. Click on the “Settings/Gear” icon dropdownClick on the 'Settings/Gear Dropdown'

4. Click on “Online Payment Settings”Click on 'Online Payment Settings'

5. This Interface will appear, scroll down to see the fee detailsThis Interface will appear, scroll down to see the fee details

6. Go through the “Simple & Transparent Fee” details (one merchant account)Read the 'Simple & Transparent Fee

7. Click “Setup Merchant Account for Online Payment”Click 'Setup Merchant Account for Online Payment'

8. Read the infoRead this info

9. Click on “How to apply?” dropdown. Follow the steps. Read the “Note”Click on 'How to apply?' dropdown. Follow the steps. Read the 'Note'

10. Go through all the detailsClick 'To be able to receive online payment from tenants, the account holder of payment receiving account must have a merchant account established with our payment processing vendor 'Bambora Inc.' ...'

11. Finally click on closeFinally click on close

So, finally you’ve learned the process successfully. Thanks for Watching.

 

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