The merchant application is in. Now someone has to verify the business, confirm the owners, screen against sanctions lists, and package everything so the underwriter can actually make a decision. KYC KYB merchant onboarding through Gratify does the verification work and hands your underwriter a finished file.
We watch this play out at every ISO and PayFac we talk to. Verifying a merchant's identity means logging into corporate registries, running fraud database checks, pulling sanctions lists, verifying ownership structures, and cross-referencing everything against the application. Your team spends more time assembling verification evidence than reviewing risk.
Your team checks corporate registries, screens fraud databases, verifies ownership records, and cross-references documents. One source at a time. Each merchant means the same set of lookups, the same copy-paste, the same manual assembly.
When a sponsor bank asks why a merchant was approved, nobody can produce the verification trail without digging. The KYC result is in one tool. The sanctions screening is in another. Reconstructing the evidence takes longer than the original verification.
Gratify's Merchant ID module runs the full merchant identity verification stack automatically when an application arrives. KYC on the individual. KYB on the business entity, covering registration status, legal standing, and operating history. UBO identification and verification of each beneficial owner. The system cross-references business information against corporate registries, fraud databases, and ownership records. Mismatches get flagged. Clean results get confirmed.
The underwriter doesn't assemble the verification. They review the result.
Every merchant and every beneficial owner is screened against PEP lists, global sanctions lists, and fraud databases at onboarding. This isn't a separate step someone remembers to run. It's part of the automated KYC KYB verification flow. Results attach to the merchant record. Matches surface with context so the compliance team can evaluate, not just a name hit with no detail. Ongoing merchant monitoring keeps the portfolio covered after boarding.
This is where verification becomes an underwriting input. Merchant ID produces a structured evidence package: every check that was run, every source cross-referenced, every match or mismatch, organized and ready for review. One click generates the complete package for the underwriter, the compliance team, or the sponsor bank. No reconstruction. No assembling evidence after the fact.
Automated individual and business entity verification against corporate registries, identity sources, and business databases. Confirms the merchant is who they claim to be.
Maps beneficial ownership structure and verifies each owner individually. Meets card brand and regulatory requirements for UBO verification of merchant ownership transparency.
Screens every merchant and beneficial owner against PEP and global sanctions lists at onboarding. Ongoing daily screening after approval keeps the portfolio covered.
Cross-references against known fraud databases and indicators. Flags high-risk applications before they reach the underwriting queue.
One-click branded evidence packages with source documents, screenshots, verification results, and underwriter notes. Ready for sponsor bank or compliance review.
Verification results feed directly into Merchant Risk for the underwriting decision. Approved merchants pass to one-click boarding. One merchant record. No re-entry.
Merchant ID is the third stage of Gratify One. Verification results feed directly into the underwriting decision and evidence pack. The underwriter opens one complete file, not separate outputs from separate tools.
Full KYC, KYB, UBO, PEP/sanctions, and fraud checks completed automatically per application. Your team doesn't assemble. They review.
Complete branded evidence pack with source documents, screenshots, and screening results. Generated instantly for the underwriter or sponsor bank.
Cross-references corporate registries, fraud databases, sanctions lists, and ownership records in a single automated pass. No manual lookups.
Book a demo. We'll walk through how Merchant ID runs the full verification, cross-references the sources, and produces the evidence pack your underwriter and sponsor bank need.
