Merchant onboarding
Onboard merchants
you can vouch for.
Verify the business and the person signing for it before they accept payments or act as your agent.
Flow · Merchant onboarding5 steps
- 01Signatory IDThe representative verifies their identity
- 02AuthorityRole and signing powers declared
- 03Company documentsRegistration extract, tax and legal files
- 04Beneficial ownersOwnership recorded for your checks
- 05ReviewOne case file for your compliance team
The challenge
Merchant fraud and money laundering hide behind shell companies and borrowed signatures. Collecting company papers over email is slow and leaves no trail.
What you get
- Company and signatory verified together
- Documents collected in one place
- Ownership on record
- Reviewed and exported as one case
Related
More use cases.
- Digital account openingOpen current and savings accounts remotely.
- Wallet & e-money onboardingVerify users before they can hold or move money.
- Loan & credit applicationsConfirm the applicant before you lend.
- Age verificationConfirm a customer is old enough.
- Periodic KYC refreshRe-verify existing customers on schedule.
- Account recoveryProve it's really the customer before giving access back.