For many payments processors (PSPs), onboarding is fraught with process challenges: getting a new merchant approved typically takes 3-5 days and any additional demands for documentation makes most businesses abandon the flow in favor of a PSP competitor that enables them to transact sooner.
With the global pandemic accelerating the trend of people starting their own businesses, the need for quick, effective and scalable onboarding is greater than ever before.
Join this roundtable, moderated by Ekata, where we will discuss the following themes:
- Market trends challenging the status quo of merchant onboarding
- How onboarding micro-merchants and sole-proprietors are different from traditional business
- Pain points of current methods used for merchant onboarding, including compliance checks
- Scalable onboarding processes that leverage key data insights to help make faster and smarter decisions
MD Europe for Western Europe
Newland Payment Technology
Director of Market Strategy – Payments
Ekata
