Worth x REPAY: Accelerating Merchant Onboarding & Supplier Verification

When a fintech innovator embraces cutting-edge solutions to streamline process and boost efficiency, the impact can be transformative That’s exactly what will be expected as REPAY, a leader in vertically-integrated payment solutions, plans to leverage Worth’s onboarding and underwriting workflow automation platform to enhance its merchant and vendor onboarding and supplier verification workflows.

REPAY becoming part of Worth’s customer base will reflect the increasing demand for intelligent, data-driven tools that streamline workflows and deliver precise, transparent decision-making.

Meeting the Growing Demand for Seamless Onboarding

REPAY, known for its proprietary payment processing solutions, recognized the need to optimize its merchant underwriting and vendor enrollment workflows. By integrating Worth’s all-in-one workflow automation platform, REPAY will have access to:

• Lightning-Fast Decisioning: Worth leverages over 1,100 data points to enable precise, transparent underwriting and onboarding decisions.
• High-Volume Capacity: REPAY will be able to handle large-scale merchant and vendor onboarding with ease, supporting both Consumer and Business Payments verticals.
• Streamlined Processes: Worth’s automation tools reduce the friction and inefficiencies associated with traditional onboarding workflows.

“Our integration with Worth should reduce time spent on merchant onboarding while helping to mitigate KYB risk with the intelligent data provided through the platform,” said David Guthrie, CTO of REPAY. “By embedding the Worth advanced financial tools into our merchant underwriting and vendor onboarding processes, we can quickly and safely add businesses to the REPAY ecosystem.”

Why This Partnership Matters

Efficiency and Speed

For Merchants and Vendors

Merchant and vendor onboarding often involves complex workflows, multiple data checks, and time-consuming manual processes. Worth’s ability to pre-fill applications using its database of more than 242 million SMBs will help eliminate these inefficiencies. Worth accelerates the onboarding process for merchants and vendors, enabling REPAY to:

• Reduce drop-offs and onboarding delays.
• Increase customer satisfaction by providing a seamless experience.
• Shorten the time to revenue for new merchants and vendors.

For Suppliers:

REPAY’s suppliers will benefit significantly from Worth’s tools. With Lightning Verify and streamlined workflows, suppliers will be able to:

• Verify their information in seconds without the need for manual back and forth with just three fields.
• Experience faster approval times, enhancing trust and collaboration.
• Reduce operational friction, allowing REPAY to onboard more suppliers with confidence and efficiency.

Driving Data Transparency and Decision Confidence

Worth is committed to democratizing data and delivering decision transparency. With tools like Lightning Verify, REPAY will be able to :

For Merchants:

• Worth Custom Onboarding:
  • Perform TIN verifications in seconds, ensuring merchant compliance with KYB and KYC regulations.
  • Streamline onboarding workflows, reducing errors and friction.
• Worth Case Management
  • Make faster, data-driven underwriting decisions with confidence, enabling merchants to access the REPAY ecosystem more efficiently.

For Suppliers:

• Worth Custom Onboarding:
  • Accelerate high-volume vendor enrollments by simplifying compliance checks and validating critical data.
• Worth Pre-Filling
  • Use pre-fill capabilities to streamline supplier verification, reducing manual input and ensuring accuracy.
• Worth Predictive Monitoring?
  • Enhance transparency and efficiency in supplier relationships, allowing REPAY to focus on scaling operations while maintaining trust and compliance.
• Worth Case Management
  • Leverage the Worth 360 Report for comprehensive KYB verification, providing a full financial profile of suppliers, including real-time monitoring and actionable insights.

Worth’s CEO and co-founder, Sal Rehmetullah said  it best: “Partnering with REPAY allows us to deliver industry-leading data and tools in support of their merchant and vendor onboarding processes. Worth’s mission to democratize data and provide decision transparency for enterprises is well-aligned with REPAY’s use case. By centralizing onboarding, verification, adverse media, analytics and workflows within a single platform, we eliminate the need for multiple, disparate systems, streamlining operations and empowering REPAY with a comprehensive 360-degree view of their business. Through our enhanced, data-driven approach, we can accelerate REPAY’s time to revenue for new implementations.”

Scaling Operations Without Compromising Quality

For companies like REPAY, scaling operations often comes with challenges in maintaining consistency and accuracy. Worth’s platform solves this by combining workflow automation, AI-driven insights, and real-time data validation. This will allow REPAY to onboard merchants and vendors at scale without compromising on quality or compliance.

Powering REPAY’s Success

Custom Onboarding

With Worth’s tailored onboarding workflows, REPAY will be able to adapt processes to fit the unique needs of merchants and vendors. This flexibility ensures a smooth experience for all stakeholders.

Pre-Fill Applications

Worth’s industry-leading match rates will allow REPAY to pre-fill applications with accurate data, reducing manual input and speeding up the onboarding journey.

Lightning Verify

This feature will enable rapid TIN verification and compliance checks, ensuring that every onboarded entity meets regulatory requirements without delays.

Worth 360 Report Features

• KYB Verification Reports: Ensure compliance with detailed business identity checks.
• 360 Underwriting with Worth Score™: Gain a holistic view of merchant and supplier financial health for data-driven decisions.
• Real-Time Monitoring Reports: Stay updated on customer status changes, potential risks and adverse media, enabling proactive management

What This Means for the Industry

REPAY joining Worth’s growing list of Worth’s enterprise clients, including Aurora Payments and Wave Financial, is an example of how workflow solutions can help solve application and verification challenges. By combining REPAY’s expertise in payment processing with Worth’s automation and data capabilities, the two companies are setting a new standard for merchant and vendor onboarding and supplier verification.

This highlights the broader trend of enterprises that adopt intelligent, data-driven solutions to achieve faster growth, better compliance and stronger customer relationships.

Looking Ahead

As REPAY and Worth continue to grow their collaboration, the benefits will extend beyond their organizations. SMBs, which often face barriers to entry, will gain easier access to the financial tools they need to thrive. Meanwhile, REPAY can scale its operations with confidence, knowing it has a partner committed to innovation and excellence.

Read more about Repay & Worth here.

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Ready to transform your own onboarding and underwriting processes? Learn how Worth’s tools like Lightning Verify, Zero-Touch Onboarding, and custom workflows can help your business unlock new opportunities.