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Merchant Processing Jobs in Boca Raton, FL (NOW HIRING)

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Our G+F Merchant Services division specializes in helping businesses lower payment processing costs, upgrade POS systems, and streamline how they accept payments. We are building a high-performance ...

Process inbound merchandise, placement and presentation of merchandise on selling floor * Follow direction in maintaining standards in placement and presentation * Participate when needed in other ...

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B2B Sales Representative

Boca Raton, FL ยท On-site

$75K - $125K/yr

Slice Merchant Services offers innovative payment processing solutions to merchants. Slice has put together a comprehensive package of products and services. Slice delivers a consultative approach on ...

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B2B Sales Representative

Weston, FL ยท On-site

$75K - $125K/yr

Slice Merchant Services offers innovative payment processing solutions to merchants. Slice has put together a comprehensive package of products and services. Slice delivers a consultative approach on ...

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B2B Sales Representative

Davie, FL ยท On-site

$75K - $125K/yr

Slice Merchant Services offers innovative payment processing solutions to merchants. Slice has put together a comprehensive package of products and services. Slice delivers a consultative approach on ...

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B2B Sales Representative

Fort Lauderdale, FL ยท On-site

$75K - $125K/yr

Slice Merchant Services offers innovative payment processing solutions to merchants. Slice has put together a comprehensive package of products and services. Slice delivers a consultative approach on ...

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B2B Sales Representative

Deerfield Beach, FL ยท On-site

$75K - $125K/yr

Slice Merchant Services offers innovative payment processing solutions to merchants. Slice has put together a comprehensive package of products and services. Slice delivers a consultative approach on ...

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B2B Sales Representative

Coral Springs, FL ยท On-site

$75K - $125K/yr

Slice Merchant Services offers innovative payment processing solutions to merchants. Slice has put together a comprehensive package of products and services. Slice delivers a consultative approach on ...

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B2B Sales Representative

Plantation, FL ยท On-site

$75K - $125K/yr

Slice Merchant Services offers innovative payment processing solutions to merchants. Slice has put together a comprehensive package of products and services. Slice delivers a consultative approach on ...

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Merchant Processing information

See Boca Raton, FL salary details

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How much do merchant processing jobs pay per hour?

As of May 31, 2026, the average hourly pay for merchant processing in Boca Raton, FL is $23.41, according to ZipRecruiter salary data. Most workers in this role earn between $18.70 and $26.68 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Merchant Processing Specialist, and why are they important?

To thrive as a Merchant Processing Specialist, you need a solid understanding of payment processing systems, merchant account management, and financial regulations, often supported by experience in banking or payments industries. Familiarity with payment gateways, POS systems, and compliance standards such as PCI DSS is typically required. Strong problem-solving skills, attention to detail, and the ability to communicate clearly with clients set top performers apart. These capabilities are vital for ensuring secure, efficient transactions and maintaining trust with merchants and financial institutions.

What are some common challenges faced by professionals in merchant processing, and how can they be addressed?

Professionals in merchant processing often encounter challenges such as managing evolving payment technologies, ensuring compliance with industry regulations, and addressing security concerns like fraud prevention. Staying up-to-date with the latest payment trends and regulatory requirements is crucial for success. Collaboration with IT and risk management teams helps proactively address these challenges, while ongoing training and clear communication with merchants can improve service quality and customer trust.

What is merchant processing?

Merchant processing refers to the handling of electronic payment transactions for businesses, usually involving credit and debit card payments. It involves the setup and management of merchant accounts, payment gateways, and the secure transfer of funds from a customer's bank to the merchant's account. Merchant processors act as intermediaries between the business, customer, and banks to ensure transactions are authorized, processed, and settled efficiently. This service is essential for businesses that want to accept electronic payments, both online and in-person.

What is the difference between Merchant Processing vs Payment Processor Specialist?

AspectMerchant ProcessingPayment Processor Specialist
CredentialsBasic industry certifications, familiarity with payment systemsCertifications in payment processing, technical knowledge
Work EnvironmentFinancial institutions, merchant service providersPayment processing companies, financial tech firms
Industry UsageUsed broadly in retail, e-commerce, and service sectorsFocused on technical support and system management
Search/Comparison IntentUnderstanding merchant processing servicesTechnical roles in payment systems

Merchant Processing involves managing and facilitating payment transactions for merchants, including setting up merchant accounts and ensuring smooth payment acceptance. Payment Processor Specialists focus on technical support, system integration, and troubleshooting within payment processing platforms. While both roles work within the payment industry, Merchant Processing is more client-facing and operational, whereas Payment Processor Specialists are technical experts ensuring system functionality.

What are popular job titles related to Merchant Processing jobs in Boca Raton, FL? For Merchant Processing jobs in Boca Raton, FL, the most frequently searched job titles are:
What job categories do people searching Merchant Processing jobs in Boca Raton, FL look for? The top searched job categories for Merchant Processing jobs in Boca Raton, FL are:
What cities near Boca Raton, FL are hiring for Merchant Processing jobs? Cities near Boca Raton, FL with the most Merchant Processing job openings:

Underwriting & Compliance Specialist

Approvely

Coral Springs, FL โ€ข On-site

Full-time

Medical

Posted 23 days ago


Job description

Job Description
Underwriting & Compliance Specialist
Merchant Onboarding, Risk Assessment & Compliance
Location: Remote (U.S.)
Department: Risk, Compliance & Merchant Operations
Company: Approvely
About Approvely
Approvely is a payments and compliance infrastructure platform built to support merchants operating in complex and regulated industries. Our platform helps businesses accept payments while maintaining compliance with sponsor bank requirements, card network rules, and regulatory frameworks.
We specialize in industries often underserved by traditional processors-including online gaming, fantasy sports, sweepstakes, and other emerging digital platforms-providing both payment acceptance and compliance infrastructure.
Role Overview
Approvely is seeking a Underwriting & Compliance Specialist responsible for evaluating merchant applications, assessing risk, and ensuring merchants meet compliance standards before onboarding onto the platform.
This role sits at the intersection of risk management, compliance, and merchant onboarding, helping protect the platform while enabling growth. The position requires strong analytical thinking, attention to detail, and familiarity with payment processing risk and regulatory frameworks.
You will work closely with Sales, Customer Success, Product, Engineering, and sponsor banks to ensure merchants are onboarded properly and monitored throughout their lifecycle.
Key Responsibilities
Merchant Underwriting & Risk Evaluation
  • Review merchant applications and supporting documentation to assess risk and eligibility.
  • Evaluate merchant business models, ownership structures, and operational risk.
  • Assess financial stability, processing history, and potential chargeback exposure.
  • Ensure merchants operate within:
    • Sponsor bank requirements
    • Card network rules (Visa / Mastercard)
    • Internal risk policies
  • Identify high-risk indicators including fraud risk, chargeback exposure, or regulatory concerns.
Merchant Onboarding
  • Manage merchant onboarding from application submission through account activation.
  • Collect and verify required onboarding documentation, including:
    • Business formation documents
    • Ownership and KYC/KYB verification
    • Banking information
    • Processing statements
    • Compliance policies and licensing
  • Ensure merchant files are complete and "in good order" prior to approval.
  • Coordinate with internal teams to ensure smooth merchant launches.
Compliance & Regulatory Review
  • Conduct KYC / KYB verification and business due diligence.
  • Ensure merchants meet regulatory and compliance requirements for supported industries.
  • Review licensing, legal opinions, and other regulatory documentation when required.
  • Ensure merchant activities align with sponsor bank and network compliance standards.
Portfolio Risk Monitoring
  • Monitor merchant processing activity and risk indicators.
  • Investigate alerts related to:
    • Chargeback spikes
    • ACH returns
    • Suspicious transaction activity
  • Conduct periodic portfolio reviews to reassess merchant risk profiles.
  • Recommend risk mitigation measures such as:
    • Processing limits
    • Reserve requirements
    • Enhanced monitoring.
Process & Operational Improvements
  • Help refine internal underwriting workflows and policies.
  • Identify opportunities to improve onboarding efficiency and reduce manual work.
  • Support tooling improvements and internal documentation.
Cross-Functional Collaboration
  • Partner with:
    • Sales
    • Customer Success
    • Engineering
    • Product
    • Compliance partners and sponsor banks
  • Escalate complex or high-risk merchant cases when needed.
  • Assist with maintaining underwriting documentation and internal policies.

Requirements
Qualifications
Required
  • 2-5 years experience in payments, fintech, banking, or merchant acquiring
  • Experience with merchant underwriting, onboarding, or risk review
  • Understanding of payment processing and merchant risk
  • Strong analytical and problem-solving skills
  • High attention to detail and documentation
Preferred
  • Experience with high-risk or regulated industries, including:
    • Online gaming
    • Crypto
    • Remittance
    • Sweepstakes
  • Knowledge of Visa/Mastercard rules and sponsor bank programs
  • Experience with KYC/KYB processes
  • Familiarity with CRM, underwriting platforms, or risk monitoring systems
  • Strong spreadsheet/data analysis skills.
Skills
  • Risk analysis and critical thinking
  • Compliance and regulatory awareness
  • Strong written documentation
  • Ability to manage multiple merchant cases simultaneously
  • Clear communication with internal teams and external partners
What Success Looks Like
  • Merchant applications reviewed quickly and accurately
  • High-quality underwriting packages prepared for approvals
  • Smooth onboarding experiences for new merchants
  • Effective risk monitoring across the merchant portfolio
  • Strong compliance with sponsor bank and card network requirements

Benefits
What Success Looks Like
  • Merchant applications reviewed quickly and accurately
  • High-quality underwriting packages prepared for approvals
  • Smooth onboarding experiences for new merchants
  • Effective risk monitoring across the merchant portfolio
  • Strong compliance with sponsor bank and card network requirements
Why Join Approvely
  • Work at a fast-growing fintech company solving payments for underserved industries
  • Exposure to emerging markets including online gaming and digital platforms
  • Opportunity to shape underwriting and compliance processes from the ground up
  • Collaborative startup environment with high ownership and impact
Benefits
  • Competitive salary
  • Equity participation opportunity
  • Health Insurance
  • Flexible work environment
  • Opportunity to work directly with company leadership
  • Career growth opportunities as the company scales
  • Exposure to the fintech, payments, and gaming industries
  • Collaborative and entrepreneurial startup culture