Industry guide · Underwriting Requirements

Retail and eCommerce merchant account requirements

Underwriting is not looking for a reason to say no. It is looking for enough evidence to say yes, and most delays are a missing document rather than a decision.

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25+ YEARS

of payment processing
experience

25+ YEARS

of payment processing
experience

Underwriting Requirements · Retail & eCommerce

One organized file. Fewer surprises.

A complete, accurate file saves back-and-forth and helps partners make informed decisions.

01Verify the business and principals
02Collect industry-specific documents
03Present the complete transaction story

What we review

Practical details. Real context.

Owner identification and verifiable business details.
Bank and processing statements where available.
Products, delivery, refund and dispute policies.
Additional industry and licensing records as required.

We translate your business model into a clear application, anticipated risk review, required licenses, customer journey, financial records and fulfillment evidence.

Retail & eCommerce workflow

Know the transaction before the rate.

01Sell in store or online
02Authorize the payment
03Fulfill the order
04Reconcile every channel

Documentation checklist

Build a complete submission.

Website, terms and return policy
Volume by channel
Average and largest order
Bank and processing statements

AltirasPay prepares and supports the file. The acquiring bank decides approval, pricing and terms.

Meet Pyper

Need help with the details?

Pyper can explain the steps, prepare questions for an expert and help you understand what comes next.

Ask Pyper

How the money reaches you

Underwriting is reading a description of this path. The clearer it is, the less there is to ask about.

CUSTOMERPOS / ONLINE STOREPAYMENT GATEWAYACQUIRING PARTNERSETTLEMENT

Running alongside: TOKENIZATION · FRAUD RULES · 3-D SECURE · RECURRING BILLING · INVENTORY SYNC · RECONCILIATION.

What gets built for retail & ecommerce

Pricing Review

We read your statements line by line, show where the cost is going by channel, and explore structures such as interchange-plus or, where permitted, cash discount and dual pricing programs.

Online Checkout Risk

Fraud filters, address and security-code checks and 3-D Secure where supported, tuned so good customers are not turned away and bad orders are.

Omnichannel Reporting

One view of every place you sell.

Subscriptions & Card on File

Tokenized card-on-file billing, with account updater where available, so renewals don't quietly fail when a card expires.

POS & Hardware

Processor-agnostic terminals and POS options that keep the software your team already knows, where compatible.

Send Us One Month's Statement.

It shows what you are really paying, by channel, and where the structure no longer fits how you sell.

The exact document list depends on the business rather than the industry, so we resolve it against what you tell us instead of sending everyone the same checklist. Pyper can give you yours in about a minute.

Applying commits you to nothing and is not an approval. The acquiring bank decides placement, pricing and terms — we build the file and tell you honestly what it is likely to meet.