Overview: This Implementations resource explains boarding form definitions and requirements.
To provide a frictionless and expedited merchant onboarding experience, the following information and fields must be provided, completed, or assigned by each respective Partner, as described.
Application / Sign-Up Form High Level Requirements
Beneficial Ownership Requirements
Partner to require and pass all application required data fields in compliance with FinCEN’s Beneficial Ownership Information which includes:
Terms and Conditions
Partner to pass/provide the merchant’s accepted Terms and Conditions attributes to include the following:
Merchant IP Address
Partner to pass/provide the merchant’s IP Address in the “T&C IP Accepted” field
Bank Account Validation
Partner to pass/provide the merchant’s website link. If the merchant will be processing online transactions, the Partner must pass/provide the website link used to process the online transactions. Partner websites or generic websites used for multiple merchants are not permitted.
Partner to pass/provide the merchant’s expected processing parameters to include the following:
Partner to pass/provide the merchant’s Merchant Category Code (MCC) based on the merchant’s actual processing activity and to implement a Quality Control (“QC”) process to ensure the most accurate MCC Code is selected. If a merchant processes transactions not covered by a single MCC assignment, an additional MID(s) set up may be required
Partner to integrate its referred merchants to prompt for the entry of AVS and CVV fields (for applicable merchants/transactions)
Transaction IP Address
Partner to pass/provide the cardholder’s IP address with all transactions
Transaction Processing Method
Partner to confirm the transaction processing method as outlined below and if processing via the API Partner to pass the ThreatMetrix (TMX) session ID for merchant boarding and for transaction processing
PCI Compliance (Partner)
Partner to provide an up-to-date PCI AOC document if responsible/involved in passing/touching/housing cardholder data
PCI Compliance (Merchant)
Partner to request and provide PCI status on referred merchants level 3 or above (processing 20,000 transactions or more annually).
Screenshots of Application Process
Partner to capture screenshots of all pages to the Application/Sign-up process and provide them to Payrix
Final Visual Walkthrough of the sign-up process
Partner to provide Payrix Risk with a visual walkthrough of the sign-up process. To be scheduled prior to the launch of merchant submissions.