Ekata Mitigates Payment Services Fraud Via Merchant Onboarding API

Ekata has announced a new Merchant Onboarding API that enables an automated onboarding workflow for payment service providers (PSPs), B2B lenders, and online marketplaces that are increasingly engaging with sole proprietors and “micro-merchants.” The API leverages a unique approach to risk analysis that enables more of these small accounts to be approved without manual review. 

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