General Information

Apply Wizard Payfac API: General Information

Purpose

This API is specifically designed for Payfac (Payment Facilitator) operations. It focuses on the merchant onboarding process within a Payfac model, where multiple sub-merchants are managed under a single master merchant account.

Functionality

Lead and Application Management

  • Handles the creation, management, and submission of leads and merchant applications.

Document Handling

  • Allows for adding and managing documents associated with merchant applications.

Pricing and Merchant Information

  • Manages detailed merchant information, including pricing models, ownership details, and industry-specific data.

Signature and Submission

  • Supports the final submission of applications for signature and approval.

Use Case

This API is used by payment facilitators who need to onboard multiple sub-merchants, manage their applications, and ensure compliance with payment processing requirements. It’s more complex and involves managing the relationships between a master merchant and its sub-merchants.