Transform merchant activation from days to hours with AI-powered automation
MerchantRamp is a comprehensive onboarding platform that compresses merchant activation from 3-7 days to under 24 hours through automated document verification, real-time KYC/KYB checks, and intelligent risk assessment.
Traditional merchant underwriting relies on manual document review and verification processes that create bottlenecks, introduce human error, and result in slow approval timelines that frustrate merchants.
Lengthy onboarding processes cause merchants to abandon applications before completion, resulting in lost revenue opportunities and reduced conversion rates for ISOs and acquirers.
Payment organizations struggle to scale merchant acquisition because traditional models require adding underwriting staff proportionally to volume growth, creating unsustainable cost structures.
Manual underwriting processes produce inconsistent risk evaluations across different reviewers, creating compliance concerns and unpredictable approval outcomes.
AI-powered automation that transforms merchant onboarding from a bottleneck into a competitive advantage
MerchantRamp automates the entire onboarding workflow—from document collection and verification to risk assessment and approval—enabling same-day or next-day merchant activation while maintaining rigorous compliance standards.
Automated extraction and verification of data from EINs, bank statements, licenses, and tax documents with intelligent fraud detection.
Integrated KYC/KYB checks through Socure, Middesk, and LexisNexis with multi-database cross-referencing.
Automated risk assessment with explainable decisioning frameworks that satisfy regulatory requirements.
Application flows that adapt based on business type and risk profile, optimizing the merchant experience.
Smart workflow routing with AI-generated summaries that accelerate manual review when needed.
Ongoing portfolio risk assessment with automated alerts for changes in merchant risk profiles.
Web-based merchant verification to validate business legitimacy and online presence.
AI-powered merchant category code assignment based on business descriptions and website analysis.
Fully customizable branding and configurable risk parameters to match your organizational requirements.