Self-Service Merchant Onboarding for Account Updater and Network Tokens
Blog post from Basis Theory
Basis Theory has introduced a Merchant concept and automated onboarding capabilities for account updater and network token services, allowing platforms that manage many merchants to create and configure separate enrichment settings within a single Tenant. Merchants can be created through the API or customer portal, with service- and network-specific configurations for providers such as Visa, Mastercard, Amex, and Discover kept independent from other merchants’ setups. Onboarding status is tracked for each service and network through states including pending, onboarding, active, and failed, with updates available via webhooks, the portal, and API. Once activated, a merchant ID can be used in enrichment API calls, reducing reliance on forms, email exchanges, and manual support. Basis Theory also plans direct integration with Pagos and just-in-time account updater card updates as further steps toward fully automated enrichment onboarding.
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