Why does QashPay review risk and settlement before approving an account?

Quick answer

QashPay reviews your business and payment model before approval to meet card network requirements and ensure both merchants and customers are protected when processing payments.

How card payments work

When a customer pays by card:

• The payment is processed through card networks (such as Visa or Mastercard)
• The acquiring bank is responsible for the transaction
• The customer is protected through dispute and chargeback rules

This means payments are not just simple transfers—they are underwritten and guaranteed within the card network system.

Why risk checks are required

Because the acquiring bank is responsible for transactions, it must assess:

• The type of business (industry / MCC)
• How payments are taken (business model)
• Expected transaction volumes
• Potential chargeback risk

This process is known as underwriting.

Why this matters for merchants

If these checks are not done properly upfront, it can lead to issues later, such as:

• Payment restrictions
• Delays
• Account reviews or changes

QashPay performs these checks early to help avoid disruption after you go live.

How settlement and payouts are affected

Settlement (payout timing) is linked to risk.

This is because:

• Customers are protected by chargeback rules
• The acquiring bank carries financial responsibility
• Funds may need to be available to cover disputes or refunds

As a result, different businesses may have different payout schedules.

How QashPay manages this

Before approving your account, QashPay:

• Reviews your business profile
• Assesses payment and chargeback risk
• Determines a suitable payout schedule

This ensures:

• Compliance with card network rules
• A stable payment setup
• Reduced risk of issues after onboarding

Why this benefits you

By completing these checks upfront, QashPay helps:

• Avoid unexpected disruptions after going live
• Provide a more reliable payment setup
• Ensure long-term stability for your account

Need help?

If you have questions about your account setup or risk profile, contact support or use the onboarding chat for real-time assistance.

Related articles

• How long do payouts take?
• Why can’t I see pricing?
• Will my account be approved?