A self-submitting merchant model is an operational workflow where the prospective merchant is granted direct access to a secure portal to independently upload, manage, and sign their own compliance and underwriting documents (such as IDs, bank statements, and PCI forms).
Reducing the Operational Burden
In legacy systems, merchants email PDFs to a sales rep, who forwards them to an underwriter, who manually enters the data into a risk engine. This chain is inefficient, insecure, and prone to data entry errors. Empowering the merchant to self-submit removes the middleman, accelerating the entire pipeline.
Seamless Integration with Onlayer
Onlayer is designed to make the merchant's life as easy as the underwriter's. The platform supports self-submitting merchant models seamlessly. Whether they are completing KYB checks or navigating the Intelligent PCI Wizard, merchants can securely provide their data and utilize integrated e-signature capabilities to finalize documents instantly, reducing cross-department retrieval delays by up to 70%.
