Merchant Onboarding Application
How Merchants Can Apply for Access to the AUDD Gateway
Auddrey
Last Update a year ago
Expanding into the Australian market and integrating blockchain technology into your operations can significantly enhance your business's efficiency and reach. The AUDD Gateway serves as a robust platform facilitating this transition, offering merchants a seamless bridge between fiat currency and digital assets through the Stellar blockchain. Gaining access to the AUDD Gateway, however, requires a thorough due diligence process. This article guides merchants through the application process for access to the AUDD Gateway, from initial registration on the AUDD Digital platform to completing the onboarding questionnaire.
Step 1: Create a Business Account on AUDD Digital
The first step towards accessing the AUDD Gateway is to create a business account on the AUDD Digital platform. Registering your business on AUDD Digital is crucial, as it allows us to gather essential KYC (Know Your Customer) and KYB (Know Your Business) information about your business. This registration process also provides your business with an AUDD wallet, ready for direct AUD on/off ramping, which is essential for interacting with the digital Australian Dollar seamlessly.
Merchants must reach Tier 4 verification status on the AUDD Digital platform. This level of verification ensures that all necessary business information, compliance, and legal documentation have been adequately provided and verified. For a detailed guide on completing this onboarding process, please refer to our verification guide.
Step 2: Complete the AUDD Gateway Onboarding Questionnaire
After establishing your business account and achieving the required verification status, the next step is to complete the AUDD Gateway Onboarding Questionnaire. This comprehensive questionnaire can be accessed here and is designed to collect detailed information about your business and its anticipated use of the AUDD Gateway. Information required includes:
- Business overview and intended use cases for the AUDD Gateway
- Compliance, legal, and regulatory considerations
- User protection policies
- Operational volume and flows
- Technical infrastructure and expertise
Completing and submitting this questionnaire will satisfy the Tier 5 requirements for your AUDD Digital account, moving you closer to accessing our sandbox or production environment.
Review and Approval Process
The standard timeframe for the onboarding review is approximately 2 weeks. During this period, our team thoroughly reviews your application, paying close attention to how your business plans to utilise the AUDD Gateway, as well as ensuring that all compliance and regulatory standards are met. This timeframe also allows us to address any additional queries or clarifications regarding your application, ensuring a smooth integration process.
Applying for access to the AUDD Gateway is a meticulous process designed to ensure compliance, security, and a mutual understanding of your business needs and objectives. By following the steps outlined above, merchants can embark on a journey towards leveraging the AUDD Gateway's capabilities, facilitating seamless transactions in the Australian market, and integrating blockchain technology into their business operations. Our team is dedicated to supporting you through this process, from due diligence to technical integration, paving the way for a successful partnership. For any additional assistance, reach out to our support team: [email protected]