Easier onboarding when merchants need to provide more information
During onboarding, if a merchant submits an application that has a problem and needs to be fixed, you can now do that in the Rainforest Portal or allow your merchants to fix it themselves using the merchant onboarding component.
Portal shows merchant's latest application status
We are releasing an update to the Merchants view in the Rainforest Platform Portal to give more visibility into the merchant's latest application.
Better name for risk refusal code
When a Payin is blocked by Rainforest because it appears fraudulent, we will be changing the refusal_code
returned by our API from RAINFOREST_RISK_DECLINE
to RISK_DECLINE
.
Clearer wording in onboarding component
This week, we launched a change to the Onboarding component to clarify the questions around the merchant's estimated payment activity.
Plaid bank account verification for onboarding
Rainforest is excited to share that you can now use Plaid bank account verification for merchant onboarding! Plaid authenticates your merchant's financial information, permitting companies to transfer sensitive information securely. You can learn more about how Plaid works or how they secure financial data.
Authentication permission groups
Rainforest is introducing permission groups, a higher-level API for permissions. Permission groups let you:
Onboarding Component UI Change
We are releasing an update to the bank account entry page within the merchant onboarding component. No code changes are necessary, and the revised flow will automatically apply to any new display of the merchant onboarding component starting January 16, 2023.
Merchant name vs DBA name
This change released on December 1st, 2023 at 12pm ET.