You carry the liability for every sub-merchant on your master account. Gratify connects payment facilitator onboarding software across six modules so your team underwrites, boards, and monitors merchants from a single record. No re-keying. No retrofitted ISO tools.
PayFacs using Gratify replace 30 minutes of manual boarding with 1-click processor connections and get daily compliance screening across their full sub-merchant portfolio.
Most onboarding platforms were designed for ISOs that pass risk to a sponsor bank. They check compliance once at application, deliver PayFac underwriting automation as a flat approval or decline, and leave your team keying boarding data into processor portals by hand. That model doesn't work when the risk stays with you.
The best merchants shop around and want proof they're getting competitive rates. Keep deals moving fast with statement analysis in under a minute.
Auto-populate from trusted sources for low-risk merchants. Apply your underwriting requirements early to avoid wasted effort and confusion.
Scale your underwriting team with automation. Get instant approval recommendations with complete evidence documentation to reduce pends.
Approved sub-merchants board at the processor in one click instead of 30 minutes of manual data entry. At 200 merchants a month, that's 100 hours your team gets back.
Your underwriter reviews a complete risk package with reserve recommendation in 60 seconds. No assembling documents from three systems. No calculating exposure in a spreadsheet.
PEP and Sanctions screening runs daily across your full sub-merchant portfolio. Not once at onboarding. Every day, every merchant, every flag surfaced the next morning.
PayFac onboarding is the process a payment facilitator uses to underwrite, verify, and board sub-merchants onto its master merchant account. Because the PayFac carries the liability for every sub-merchant it boards, the process includes KYC/KYB verification, risk scoring, reserve calculations, and ongoing compliance monitoring. It requires deeper checks than ISO onboarding because the risk stays with the PayFac.
PayFacs evaluate each sub-merchant's average monthly volume, chargeback history, delayed delivery risk, and industry risk before setting a reserve and approving the account. Gratify automates this into a 60-second risk package so the underwriter reviews a complete picture instead of assembling raw documents manually.
At minimum, a PayFac needs KYC and KYB verification, Ultimate Business Ownership identification, and PEP and Sanctions screening. These checks should run at onboarding and on an ongoing basis. Gratify runs PEP and Sanctions screening daily across the full sub-merchant portfolio, not just at application.
With manual processes, PayFac onboarding typically takes 2-5 business days per sub-merchant. With Gratify, the process from application to processor boarding can be completed in minutes. The statement analysis takes 60 seconds, the application is pre-filled, underwriting produces a finished risk package automatically, and boarding is a single click.
The core difference is risk ownership. ISOs pass underwriting liability to a sponsor bank. PayFacs retain it on their master merchant account. That means PayFac onboarding requires deeper risk scoring, reserve calculations, and ongoing compliance monitoring that ISO onboarding does not. PayFac compliance automation needs to run continuously, not just at the point of application.
Yes. Gratify was built for both models from the start, not retrofitted from one to the other. The platform supports ISO workflows like merchant onboarding automation alongside PayFac-specific requirements like daily sub-merchant screening, reserve calculations, and ongoing risk monitoring under a single merchant record.
Everyday we talk to experts in payments, underwriting and merchant onboarding. They share their insights with us, and we want to share them with you.
