# 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)


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# Agent Instructions: 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:

```
GET https://docs.velafi.com/guides/activate-merchant-account.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
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.