Set up a bank (merchant) account for Opayo (formerly Sage Pay)

How to

Nominate a bank account to use as your Merchant account

Open: Settings > Organisational and Financial > Merchant Settings.

1. Click Edit.

   • The title of the screen changes from View Merchant Account Settings to Merchant Account Settings.
   • The Edit button title changes to OK.

   You can now add merchant account details.

2. Click into either the Code or Account Description field and click on the list button.

3. Select the bank account you want to use for merchant account transactions.

4. Click OK.

Change the bank account you use as your Merchant account

You can change the bank account that is used as your merchant account:

1. Click Edit.

   • The title of the screen changes from View Merchant Account Settings to Merchant Account Settings.
   • The Edit button title changes to OK.

2. Click into either the Code or Account Description field and click on the list button.

3. Select from the list the bank account you want to use for merchant account transactions.

4. Click OK.

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Useful info

Merchant accounts

You must choose a bank account where Opayo transactions are recorded in Sage 200. This links Opayo to this bank account and all card payments are recorded against this account.

If you want to, you can set up a new bank account for these transactions. See Create or amend a bank account.

Tip: As Opayo transactions may be collated and paid into your real life bank account as amalgamated totals that won't easily match transactions in Sage 200, we recommend that you use a separate bank account for your Opayo transactions. You can then transfer the values to your other bank accounts in Sage 200, with dates and values that reflect the actual transactions, making bank reconciliation easier.

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Fix it

I want to set up a Merchant account but the list contains no bank account details

If you try to specify a bank account for use with your merchant account but the list is empty, then you have not yet created any bank accounts in Sage 200.

See Set up your bank accounts.

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