Streamline Your Integration with Rapyd’s API Onboarding
Rapyd’s Onboarding API lets Independent Sales Organizations (ISOs) automate merchant onboarding and streamline the merchant’s KYC with Rapyd Verify. ISO Partners can use the API to connect their CRM or build a custom, white-label onboarding experience.
How the Onboarding API Helps ISOs:
The Rapyd Onboarding API is a powerful onboarding solution designed specifically for ISOs and their merchants. By integrating directly into their systems and processes, ISOs can onboard merchants quickly, eliminating the need to manually type the merchant information into multiple systems. ISOs can build your own user interface on top of the API and tailor the onboarding experience to align with their unique business needs. With the Rapyd Onboarding API, ISOs can also onboard multiple merchants with ease, enabling a faster and more efficient workflow.
In summary, the Onboarding API helps with:
- Fast Underwriting: Get approved in 24-48 hours, with instant underwriting for low-risk applications.
- Eliminates Manual Entry: End manual data entry across multiple systems to reduce errors and frustration.
- Gaining Operational Efficiency: Boost efficiency with a scalable solution that streamlines high volumes of applications.
How the Onboarding API Works:
- ISO submits merchant information via API. ISOs can submit hundreds of applications simultaneously via the Onboarding API.
- Launch the API from within your own CRM platform, without ever leaving your systems.
- Rapyd’s Verify performs comprehensive KYC/KYB and once approved, sends notification to the ISO.
- Note that a Merchant ID is created once the application is submitted and is activated following approval.
Key Features of the Onboarding API:
- Seamless Submission: automate merchant application directly from your system for greater control and efficiency
- Scalable Solution: Accept and manage higher volume of applications as your business grows
- Real-Time Updates: Access the API anytime to track application status and stay informed at every step
- Automated Workflows: Streamline post-approval process to save time and improve operational efficiency
- Flexible Pricing: Define custom pricing structures for each merchant type
- Merchant Onboarding: Quickly onboard all merchant types including sole traders, limited companies, public companies and charities
