> For the complete documentation index, see [llms.txt](https://docs.velafi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.velafi.com/guides/activate-merchant-account.md). # Activate Merchant Account This endpoint is used to activate a merchant's fiat currency payment account. Supported currencies include MXN, ARS, BRL, COP, PEN, USD, and EUR. Once activated, merchants can send and receive funds through local banking channels with increased flexibility and efficiency. * Each merchant will receive dedicated account details (e.g., ARS accounts include CVU number / CUIT for Argentina). * Merchants can deposit funds via wire transfer; VelaFi will automatically reconcile the transaction and credit the merchant’s account balance. * Both business and personal account types are supported, enabling broad use across various payment scenarios. > [**Activate Merchant Account (For Individual)**](/api-reference/merchant/activate-merchant-account-for-individual.md)\ > \ > [**Activate Merchant Account (For Business)**](/api-reference/merchant/activate-merchant-account-for-business.md) --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.velafi.com/guides/activate-merchant-account.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.