Merchant Account Underwriting Tools

The Best Source for Merchant Evaluations

If you are a credit card merchant processor we have good underwriting tools for you.

Fastback Reports are the quickest and least expensive way to validate the merchant before submitting the application to your acquirer.

78288589VirtualSite Surveys provide additional manual searches and are still back to you quickly.

Background Reports that dig deeper into the history of principal and business are a must for potentially Higher Risk Merchants.

Remember,”Fraud By A Merchant Against Consumers Can Result in Acquirer Loss or legal liability.”


Know Your Customers, Your ISO s and Your Agents

Background Reports provide in-depth reporting to assist in the vetting of higher risk merchants, ISO s and agents.

Not only does “Know Your Customer” apply to the merchant accounts you board but also it has become crucial for every processor to “Know Your ISO.” They represent you and they ultimately represent your Acquirer as well. Further, experience has shown that unscrupulous agents have bounced around the industry for years with no accountability.

As government regulatory agencies have increased their focus on the acquiring industry your risk of being sanctioned for lack of due diligence has become much greater.

 


Features

When you order one of ARMS’ reports you are also receiving our personal quality review and our availability to discuss any questions you have about the results of the searches.

DISCLAIMER: Posts made by ARMS in our Blogarms section are taken from public records and are intended only to alert acquirers that additional underwriting of those named may be appropriate.These posts do not necessarily indicate the final disposition of a judicial finding.

Sites of Interest
http://www.fbi.gov/news

 

Most Recent Blog Post

CFPB Takes A Hit. Case Against Payment Processors Dismissed

As an expert witness on the side of these payment processors I was glad to see this two year old case dismissed by an irate judge. “The Court finds that the CFPB willfully violated the Court’s repeated instructions to identify for Defendants the factual bases for its claims.” Case 1:15-cv-00859-RWS  Document 436     Filed 08/25/17     PageRead More