How to setup Adyen acquirer account

I have a problem with testing MB WAY for API only payment method on Adyen https://docs.adyen.com/payment-methods/mb-way/api-only

After I send request as described here https://docs.adyen.com/payment-methods/mb-way/api-only#make-payment

curl https://checkout-test.adyen.com/v68/payments \
-H 'x-api-key: YOUR_API_KEY' \
-H 'content-type: application/json' \
-d '{
  "merchantAccount": "YourCompanyECOM",
  "reference": "My first Adyen test payment",
  "amount": {
    "value": 1000,
    "currency": "EUR"
  },
    "paymentMethod": {
    "type": "scheme",
    "encryptedCardNumber": "test_4111111111111111",
    "encryptedExpiryMonth": "test_03",
    "encryptedExpiryYear": "test_2030",
    "encryptedSecurityCode": "test_737"
  }
}'

I receive this response

{
    "status": 500,
    "errorCode": "905_1",
    "message": "Could not find an acquirer account for the provided txvariant (mbway), currency (EUR), and action (AUTH).",
    "errorType": "configuration",
    "pspReference": "GBSGRNJVSBLZNN82"
}

I did not found a way to set up an acquirer account on Adyen dashboard so far. Is that option there, or I need to do something else to make it work?

Solution

This kind of error can have as origin one of the following reasons:

The currency is not configured or supported
The minimum amount is set too low
The payment method is not configured on your account
The payment type (shopperInteraction) is not supported.

The full documentation of this error is here