Pulse owns the decision
Pulse is the underwriter of record. We evaluate every application against our risk criteria and issue the approval or decline — your platform never carries that liability.
Merchant Underwriting
We underwrite. You carry none of the risk.
Pulse is the underwriter of record for every merchant on your platform. Clean applications auto-decision in minutes; edge cases go to our risk team. Your software adds payments without taking on processing liability.
Decision queue · today
47decisions
41auto
6review
Merchant
MCC
Volume
Risk score
Decision
Trail & Stream Co.
$22K
91
Approved
Capitol Diner
$31K
84
Approved
Acme Coffee Co.
$42K
87
Approved
Northgate Liquors
$58K
64
Review
Pinnacle Smoke Shop
$84K
38
Declined
4 minavg decision
87%auto-approved
Pulseowns the risk
Why it matters for your platform
Add payments without becoming an underwriter.
Most ISVs that embed payments discover they have also inherited underwriting liability. With Pulse as your PayFac partner, that liability never reaches you. Pulse bridges merchant onboarding to boarding — and holds the processing risk on your behalf the entire way.
How Pulse underwrites for you
Every decision made. Every risk held. By us.
Auto-decisioning for clean apps
Applications that clear risk score, MCC, volume, and document thresholds are approved automatically. Your merchants board in minutes without waiting for a human review.
Risk-aware signal enrichment
Every application is enriched with signals from fraud detection — risk scores, velocity checks, device fingerprints — before Pulse makes a decision.
Managed document collection
Pulse auto-requests, collects, verifies, and archives every required document with full version history. Reminders go out automatically — no manual follow-up from your team.
Edge cases handled by Pulse
Applications outside the auto-approve band route to Pulse's risk team. We review, decide, and document every action — your platform sees the outcome, not the work.
Full decision transparency
Every approval, decline, and pend is logged with the reasoning and evidence. Your platform and your merchants always know where an application stands.
Fast decisions for clean applications.
Pulse evaluates every application against risk score, MCC, volume, and document criteria. Applications that clear every threshold are approved automatically — merchants board in minutes without anyone touching a queue. Everything else routes to Pulse's risk team.
Pulse chases the paperwork, not you.
Pulse defines required documents per merchant type, requests them inline, tracks completeness, sends reminders, and verifies before decisioning. Every document is versioned and linked to the merchant record — your platform just watches the status bar move.
How it works
Submitted by your platform. Decided by Pulse.
- Step 1
Submitted
Your merchant submits an application through your platform's onboarding flow. Data is validated and enriched automatically on Pulse's end.
- Step 2
Risk scored
Pulse runs signal correlation — velocity, KYC, device fingerprints, chargebacks — and generates a composite risk score for the application.
- Step 3
Documents collected
Pulse requests any required docs, tracks completeness, and sends reminders. Your team does not chase paperwork.
- Step 4
Pulse decides
Clean applications are auto-approved. Edge cases route to Pulse's risk team, who review the full profile and issue a decision.
- Step 5
Merchant boarded
Approved merchants flow straight to boarding. Your platform gets the result; Pulse holds the liability either way.
Outcomes
Launch payments. Keep your liability at zero.
Zero underwriting liability
Pulse is the underwriter of record. Processing risk stays with us — your platform launches payments without taking on financial exposure.
Merchants board in minutes
Auto-decisioning eliminates approval bottlenecks. Clean applications go from submitted to boarded without touching a human queue.
Scales with your platform
Whether you activate ten merchants or ten thousand, the same decisioning engine handles the volume without you adding underwriting headcount.
Audit trail included
Every decision, document, and review action is logged and exportable. Compliance evidence is already there when you need it.
Who it's for
Built for software platforms that want payments, not risk.
- Vertical SaaS platforms adding payments to their product without hiring an underwriting team
- ISVs that need to board merchants quickly and cannot afford days-long approval delays
- Software companies that want zero processing liability — Pulse takes on the risk, not you
- Platforms scaling merchant volume where manual review would become a bottleneck fast
- Product teams who need a compliant, auditable underwriting record without building it themselves
Related
Where this connects.
Now onboarding software partners
Turn your software into a payments business.
We sell it, board it, underwrite it, and run it. You add a revenue line to your platform without adding headcount.
Built for vertical SaaS platforms ready to monetize payments.
PCI DSS compliantSOC 2 Type II99.9% uptimeMulti-processor