Merchant onboarding application forms traditionally create many challenges for acquirers, including having the underwriting and sales teams constantly requesting missing documentation from your merchants.
Most acquirers’ client onboarding processes are very complex and very manual, based on client history, industry vertical and location.
123signed removes the friction of merchant onboarding with our fully automated consumer and business identification and verification platform.
This fully customisable platform provides the tools required for your underwriting team to dynamically reduce all their manual processes and significantly speed up decisioning:
- Fully branded white label solution
- Instantly configure all required questions that are essential to your online merchant application form
- Collect all the required regulatory documentation that is relevant to onboarding your client’s business
- The 123signed platform automatically updates your merchant instantly of any missing documentation required to complete their application
- Automatically reject merchants that fall outside your approved MCC vertical markets
- Format and question changes of the merchant application form can be activated immediately without involvement from your development team
Drop us a line at [email protected] and we’ll show you how easy and effective it is to use 123signed.