The Rainforest Payment Component now supports inputting international postal codes when the user inputs an international card number.

Rainforest now supports BIN lookup and returning BIN information to the platform when processing payments via the Payment Component.

Canceling a Pending merchant is now available via the Rainforest API or Platform Portal. Canceling a merchant will automatically decline the associated merchant application. This is a permanent action and can only be completed on merchants prior to their initial application submission.

Rainforest will be fully deprecating API versions 2023-01-01 and 2023-12-01 on November 12th, 2025.

Deposit timing for payments is configured per merchant and determines when the funds for a payment will be available to be deposited to the merchant.

When processing a payment with validated ACH, you can now perform a real-time balance check before processing the payment. A balance check helps minimize the risk of the payin resulting in an ACH return for insufficient funds (R01).

Rainforest now provides an Expected Deposit Date for each payment, which represents an estimate on when the payment will be included in the merchant's deposit.

Merchants that require additional verification for onboarding move to the Needs Information status when the information can be collected via the Merchant Onboarding Component. However, it is possible that additional information is required that cannot be collected through the self-service Merchant Onboarding Component. When this occurs, Rainforest will reach out to the platform via the provided underwriting email we have on file. We've updated how this flow is represented in our API and Platform Portal to make it more clear we need additional information and have reached out to the platform.

On January 21, 2025, Rainforest will begin automatically closing merchant applications that have been open for more than 120 days, based on the created date of the application. The result of this process will cancel the pending merchant and decline the open application.

We've improved the language in the Merchant Onboarding Component for the phone number requested. This phone number is visible to your merchant's users and appears on the payment descriptor for card payments.