Onboarding

Onboarding

BankWORKS® platform provides an automated onboarding process to support all the required information to quickly and efficiently set up merchants. Through a powerful API that integrates with KYC, AML, and credit underwriting leading to seamless onboarding of your merchants, from a single merchant up to a complex merchant hierarchy with an unlimited number of levels. The workflow for the onboarding process may be standard or customized to meet the onboarding requirements of banks, ISOs, ISVs, PSPs. The API also enables the changes of a merchant's terms and conditions as well as hierarchy movements post inception. Also the on-behave service MasterCard Digital Enablement Service (MDES) can be integrated to support tokenization.