Commercial

Overview

The Commercial boundary manages the pre-onboarding and compliance aspects of merchant relationships including contract management, KYC (Know Your Customer), AML (Anti-Money Laundering) checks, and underwriting decisions. This boundary ensures regulatory compliance before merchants can process transactions.

Applications

• Contract Management - Merchant contract lifecycle
• KYC/AML Systems - Compliance verification
• Underwriting - Risk assessment and approval

Repository Inventory

Architecture Notes

Current State

Commercial capabilities are currently distributed across:

1. Merchant Activation - Basic onboarding flows
2. Portal Systems - Merchant data collection
3. Manual Processes - Underwriting and compliance checks

Key Processes

1. Contract Management

   • Merchant agreement generation
   • Contract versioning and storage
   • Terms and conditions management

2. KYC/AML

   • Identity verification
   • Business verification
   • Sanctions screening
   • PEP (Politically Exposed Persons) checks

3. Underwriting

   • Risk assessment
   • Credit checks
   • Volume limits determination
   • Pricing approval

Integrations

• Salesforce - CRM and lead management
• External KYC Providers - Identity verification services
• AML Screening Services - Sanctions and watchlist checks

Strategic Direction

• Automated KYC/AML workflow
• Digital contract signing
• Risk-based underwriting engine
• Integration with Planet Portal for merchant self-service

Technology Considerations

Compliance Requirements

• GDPR for data handling
• AML Directive compliance
• PCI DSS for payment data
• Local regulatory requirements per country

Future Considerations

• Unified commercial platform
• API-first compliance services
• Real-time risk scoring
• Merchant self-service onboarding with automated compliance