AI-Powered Merchant Verification & MCC Mapping | CARD91

MERCHANT VERIFICATION & CLASSIFICATION SOLUTION: : BLITZTRUST

AI-Powered Risk Assessment

A smart and intelligent risk assessment solution for Banks and NBFCs to evaluate the risk of Merchants, MSMEs, and Corporates during onboarding.

Use Cases

Business Use-cases

Merchant Verification & Classification

Banks and Merchant Acquiring entities can verify the onboarded merchants, evaluate the risk based on a variety of signals, and classify them into suitable merchant categories.

Corporate Account Onboarding

Assess the risk of corporate clients by tapping into comprehensive company, director level and business stability information from authorised sources.

MSME Risk Underwriting

Lending institutions can leverage business information from GST, Udhyam, and other relevant documents to streamline underwriting and mitigate the risk of capital misuse or default.

Key Features

What Sets It Apart

Comprehensive Verification

Validates business credentials using trusted sources, including GSTIN, CIN, Udhyam Certificate, and Shop & Establishment records.

AI/ML-based Risk Scoring

We leverage over 30 signals to generate a risk-adjusted weighted score for each business through our AI/ML model.

Validate Business Authenticity

Validate the legitimacy of businesses, both offline and online using our advanced tech capabilities. We employ digital maps and street view images for offline and web crawling techniques for online verification.

Automate Workflows

Fully configurable workflow rules that let you define automated actions - approve, decline or review - to streamline operations.

Smart MCC Mapping

Employs advanced natural language search to accurately assign MCC codes, and dynamically set transaction and collection limits based on the merchant’s risk score.

Benefits

Built for Risk-Free Growth

Risk Mitigation

Quickly identify and eliminate high-risk or fraudulent merchants using real-time, system-defined risk scoring.

Revenue Protection

Prevent revenue leakage caused by misapplied interchange slabs or pricing errors.

Regulatory Compliance

Ensure adherence to AML/KYC norms and meet evolving RBI guidelines.

Operational Efficiency

Automate reclassification and verification to minimize manual effort and delays.

Portfolio Derisking

Build a clean and reliable merchant base across banking products like Current Account and Corporate Credit.

Improved Analytics

Enhance product targeting and decision-making with accurate MCC mapping.