About the role
The Third Party Merchant Applications Specialist is responsible for managing the end-to-end onboarding and account maintenance processes for merchants operating through third-party payment processors. This role requires a deep understanding of third-party processing workflows, strong attention to detail, and the ability to coordinate across multiple teams to ensure timely and accurate application processing. The specialist will serve as a critical liaison between Sales Partners, Underwriting, Risk, and external processing platforms to facilitate seamless merchant onboarding and account updates.
Key Responsibilities
Third Party Merchant Boarding & Onboarding Support
Oversee and facilitate merchant application processing with third-party payment providers
Validate merchant applications to ensure compliance with underwriting and third-party processor requirements
Accurately enter and review application data across multiple platforms
Track application approvals and follow up on outstanding requirements with Sales Partners, Underwriting, and third-party processors
Monitor and escalate issues related to application discrepancies, delays, or rejections
Ensure all merchants meet compliance and operational standards as outlined by third-party processing partners.
Third Party Merchant Account Maintenance & Updates
Process and audit merchant account updates
Business name (DBA) and bank account (DDA) changes
SIC Code and MCC updates to align with processor guidelines
Multi-merchant registrations and PCI compliance requirements
1099K updates, tax form requests, and merchant account adjustments
Add-on service enrollments and pricing updates for third-party merchants
Merchant fee modifications and discount rate adjustments
Liaise between internal teams and third-party processors to resolve account maintenance issues
Maintain accurate records of all merchant updates, ensuring compliance with processor and regulatory requirements.
About the company
Payroc is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, contact Human Resources Department at HR@payroc.com