About Gratify Pay
Gratify is an AI-powered merchant onboarding and underwriting platform for ISOs, PayFacs, and acquirers. It automates statement analysis, merchant application forms, KYC/KYB verification, credit underwriting, and processor boarding.
Gratify is a specialized merchant lifecycle platform built for the payments industry, specifically targeting ISOs, PayFacs, and acquirers. Unlike generic risk orchestration tools, Gratify covers the entire merchant journey from pre-sale statement analysis through to automated processor boarding and ongoing revenue assurance. The platform uses explainable AI to automate manual bottlenecks such as statement transcription, data entry into processor portals, and risk package assembly. By integrating directly with major processors like Fiserv and TSYS, Gratify enables one-click boarding, significantly reducing the time and error rate associated with manual portal management. The platform is designed to empower underwriting teams by providing them with pre-assembled risk packages and consistent scoring logic, rather than replacing human judgment. With robust support for CRM integrations and continuous compliance monitoring, Gratify serves as a comprehensive operational engine for payment companies looking to scale their merchant portfolios without proportional headcount growth.
Pros & Cons
- +Automates manual data entry and transcription tasks across the entire merchant onboarding lifecycle.
- +Delivers risk packages and statement analysis in under 60 seconds to accelerate sales and underwriting.
- +Provides a unified merchant record that flows seamlessly from application to processor boarding.
- +Enforces consistent underwriting logic across teams through configurable rules per MCC and risk tier.
- +Protects portfolio margins through daily monitoring of volume and effective rates.
- −Pricing is not published and requires contact with sales for platform configuration and integration fees.
- −Requires a 4-6 week implementation period for full platform configuration.
- −Platform is highly specialized for payment companies and may not be suitable for general fintech use cases.
Features
Key features
- Merchant Statement Analysis
- Analyzes processing statements in under 60 seconds to provide margin analysis and branded quotes.
- Smart Application Forms
- Auto-populates merchant applications and enforces data collection rules to eliminate incomplete submissions.
- Underwriting Automation
- Assembles complete risk packages with scoring and reserve recommendations based on configurable rules.
- Processor Boarding Automation
- Submits approved merchant data directly to payment processors via API to eliminate manual portal entry.
- Revenue Assurance
- Monitors portfolio volume, markup, and effective rates to identify and prevent revenue leakage.
Additional features
- KYC & KYB Verification
- Performs automated OFAC, PEP, and sanctions screening alongside business identity checks.
- Configurable Rule Engine
- Allows custom underwriting logic based on MCC codes, volume tiers, and risk categories.
- Audit Trail
- Logs every decision, override, and rule execution for compliance and audit readiness.
- Multi-Processor Support
- Maps merchant data to the specific field requirements of different payment processors.
- Evidence Packaging
- Generates automated evidence packs with screenshots and highlighted documents for compliance review.
- Real-time MID Confirmation
- Returns merchant IDs and onboarding status directly from the processor API.
- Continuous Rescreening
- Provides daily PEP and sanctions rescreening for merchants throughout their lifecycle.
- API Integration
- Connects with CRMs like Salesforce and HubSpot to maintain a single source of truth for merchant data.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Gratify Pay
Gratify is an AI-powered merchant onboarding and underwriting platform for ISOs, PayFacs, and acquirers. It automates statement analysis, merchant application forms, KYC/KYB verification, credit underwriting, and processor boarding.
Gratify Pay Details
Gratify Pay's In-App Market Place
Does Gratify Pay have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
1. Gratify Pay - Seamless payment processing solution integrated with Gratify platform.
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), CAD (C$), AUD (A$), JPY (¥), CNY (¥), INR (₹), RUB (₽), BRL (R$), MXN (Mex$), KRW (₩), CHF (CHF), SEK (kr), NOK (kr), DKK (kr), SGD (S$), HKD (HK$), NZD (NZ$), PLN (zł), THB (฿), TRY (₺), ZAR (R), AED (د.إ), SAR (﷼), IDR (Rp), PHP (₱), ARS ($)
Pros & Cons
- Automates manual data entry and transcription tasks across the entire merchant onboarding lifecycle.
- Delivers risk packages and statement analysis in under 60 seconds to accelerate sales and underwriting.
- Provides a unified merchant record that flows seamlessly from application to processor boarding.
- Enforces consistent underwriting logic across teams through configurable rules per MCC and risk tier.
- Protects portfolio margins through daily monitoring of volume and effective rates.
- Pricing is not published and requires contact with sales for platform configuration and integration fees.
- Requires a 4-6 week implementation period for full platform configuration.
- Platform is highly specialized for payment companies and may not be suitable for general fintech use cases.
Gratify Pay's Support Options
Email Address
support@gratifypay.comContact
+1 236-566-4172Documentation
https://docs.gratifypay.comCommunity Forums
https://community.gratifypay.comGratify Pay's Alternatives
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