How do I create a business account?
Download the app and select 'Business Account' during signup. You'll need your CAC registration number, business address, and a valid ID. Business acc...
Last updated August 5, 2026
Creating a Cashmatrix Business account takes about 10 minutes.
Step 1: Download the app
Get Cashmatrix from your phone's store and select Business Account during signup.
Step 2: Sign up
- Enter your phone number.
- Verify with the OTP sent to your phone.
- Create a 6-digit PIN.
- Enter your CAC registration number.
- Enter your business address.
- Upload your CAC certificate.
- Upload a valid ID (director's ID).
Step 3: Verification
- Basic account: Approved instantly — ₦500,000 daily limit.
- Verified account: Approved within 24 hours — ₦5,000,000 daily limit.
- Enterprise: Custom limits upon request.
What you need
- CAC registration number
- Business address (with utility bill or tenancy agreement)
- Valid ID of director(s)
- BVN of director(s)
Business account benefits
- Higher transaction limits
- POS terminal access
- Bulk payout capability
- Virtual accounts for receiving payments
- Team member management
- Business analytics dashboard
Tip: Have your CAC certificate ready before starting the signup process.
Need a hand? Email hello@cashmatrix.ng.