Fulfillment agreement

[BrettSilverman]

When I apply for a an ecommerce merchant account, underwriting often requires a fulfillment agreement as part of their KYC. How thorough do they check it? Do they call/ email fulfillment centers to check if a merchant is indeed their client?

 

[Sols]

It's usually just a checkbox they tick off.

If they do verify, there is no reasonable way to confirm whether someone is a client as that's usually confidential information. Verification is limited to ensuring that the counterparty exists and is contactable (email and/or phone at least work).

 

[clemens]

I have never been subjected to them following up on that document. Some payment processors that I use haven't even had such a form that I needed to fill out or create myself.

 

[DeepDrilling]

When I apply for a an ecommerce merchant account, underwriting often requires a fulfillment agreement as part of their KYC. How thorough do they check it? Do they call/ email fulfillment centers to check if a merchant is indeed their client?

How did you do? have you been setup with a merchant account or payment provider?

 

[BrettSilverman]

How did you do? have you been setup with a merchant account or payment provider?

not really, I'm stuck, hit a wall. keep getting declines.