Merchant Bank Account Updates
Rainforest now supports updating Merchant Deposit and Billing accounts (DDAs) directly in the Rainforest Portal.
Rainforest now supports updating Merchant Deposit and Billing accounts (DDAs) directly in the Rainforest Portal.
Rainforest has released a set of improvements to the Merchant onboarding experience that reduce friction, improve data quality, and give platforms more flexibility over the onboarding experience.
Rainforest now supports canceling of eligible refunds in the Rainforest Portal and via API. This allows platforms to cancel unintended refunds before they settle, instead of waiting for funds to move and then resolving the issue afterward.
Rainforest now supports deactivating billing profiles in the Rainforest Portal and via API. This allows platforms to retire billing profiles that are no longer needed without deleting historical configuration used for merchant billing.
Rainforest now supports percentage-based amount splits by allowing you to specify a rate and rate cap when configuring an amount split. Amount splits are used to apply SaaS fees or service fees, in addition to payment processing fees defined by the merchant billing profile.
Rainforest now provides the source of each payment in the Rainforest Payment Report Component and API.
Rainforest will be updating the Payment Component on March 3rd, 2026 to better enhance your end users experience when selecting a payment method.
Rainforest will be updating the Deposit Report Component and Deposit Details Component on March 3rd, 2026 to better enhance your merchants experience when viewing their deposits.
Rainforest will be updating how payment methods are created and activated when processing a payin and storing the payment method for future use.
Merchant billing profiles now support surcharging Business and International cards.