Verify merchants, streamline processes.
One modular solution for all your merchant onboarding needs
To compete in today’s payments space, you need to offer a fully digital and seamless onboarding experience to your merchants. At the same time, proper due diligence is a must you can’t afford to overlook.
With Know Your Customer, you can create a merchant onboarding experience tailored to your needs. Access company registries in real-time, identify UBOs, build CDD reports, run AML screening on all merchants and set multiple workflows to bring your risk policy to life, all with one modular and fully integrated solution.
Digitise your AML and KYB compliance end-to-end
Say goodbye to disconnected systems and multiple contracts with RegTech providers. Centralise, streamline and digitise your full merchant onboarding and KYB process through an all-in-one cloud-based platform, including real-time registry access, automated UBO mapping, integrated AML screening, liveness detection and on-going monitoring.
Easily adapt your KYB process to the specific requirements of your acquirer
Know Your Customer’s modular solution enables payments providers to design the merchant onboarding and KYB process that meets their specific needs through configurable workflows, integrated AML and eKYC capabilities and easy API integrations.
Embrace automation to deliver the ultimate customer experience
Get off to a great start with your merchants by delivering a seamless, 100% digital onboarding experience. Integrate our real-time registry connector with your front-end website via APIs and collect vital onboarding information – based on your specific risk parameters – from merchants automatically. Leverage automated workflows to streamline and accelerate the approval process.
Verify newly incorporated merchants with official registry data
Provide newly incorporated companies with the payments’ services they need, while protecting your business from the risk of hefty fines and AML breaches. Easily verify merchants through up-to-the-second corporate data retrieved from the official company registry in real time. No traditional database would be able to provide the same level of accuracy and reliability.
ConnectPay is one of the fastest-growing Electronic Money Institutions (EMI) in Lithuania, providing banking services for internet-based companies. Their main activity and focus is banking payment services for business and institutional clients, including SEPA (Instant) & SWIFT payments, multicurrency accounts, corporate cards, merchant accounts and Banking as a Service (BaaS).