As an ISO, you are the first line of defense in stopping fraudulent applications before submission and potential losses. Where and how the application originated can give you a good idea on whether the submission is fraudulent or legitimate. Here are some red flags to watch for when analyzing your new applications:
If any of the above occurs please do not hesitate to notify us before submission. We are not asking you to not sign the deal, but to be aware of the potential for fraud when an application comes from an unsolicited source.
For answers to any questions, please either notify your Relationship Manager or contact the Underwriting Department directly.
To learn more about SignaPay | PayHub solutions –Flexible Pricing, Frictionless Applications, Click-to-Agree, Equipment and Analytics and EMV Liability Shift go to signapay.com or call us at 866.790.3995.
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