Merchant underwriting checks
Run merchant underwriting checks before the file reaches the wrong acquirer.
Merchant underwriting should explain what is known, what looks inconsistent and what still needs evidence. Merchant Scanner keeps the application, business identity, website signals and risk review together so the team can decide whether a merchant is ready for placement.
Identity and ownership checks
Review the legal entity, trading brand, directors, shareholders and beneficial owners against the documents supplied. The objective is to establish who operates the business and whether the application, website and settlement information tell the same story.
Website and business-model checks
The website should support the activity described in the application. Review pricing, products or services, terms, refund and cancellation information, subscription behaviour, target markets and any evidence of regulated activity.
Processing and risk checks
Expected volume, average and maximum ticket, recurring billing, chargeback history, refund patterns, delivery times and existing processing evidence all affect risk and acquirer fit. Specialist verticals may require additional licensing or operating evidence.
Questions
Frequently asked questions
What do merchant underwriters check?
Common checks cover the legal entity, ownership, KYC and KYB evidence, website, business model, processing profile, chargeback and refund history, licences and other risk indicators.
Is merchant underwriting the same as KYC?
No. KYC is one part of the process. Merchant underwriting also assesses the business model, processing exposure, website, regulatory position and commercial risk.
Can Merchant Scanner connect underwriting to acquirer matching?
Yes. The underwriting result can feed the acquirer-matching step so teams can see which profiles are more likely to fit the merchant.