Post-Approval
First Steps After Approval
Use this guide to finalize your operational setup immediately after your merchant account is approved. It helps your team align on security, reporting, and launch readiness.
Validate Your Production Environment
- Confirm that your approved business profile matches live production data (names, banking, settlement preferences).
- Create at least one scoped API key for production with correct capabilities (process payments, withdraw funds).
- Configure webhooks/callback URLs and test the handshake using sandbox first, then production once ready.
Harden Security & Access
- Enable multi-factor authentication for every dashboard user.
- Review RBAC permissions so only authorized personnel can refund, withdraw, or reconfigure payment methods.
- Whitelist office or VPN IPs for critical dashboards where feasible.
Reconcile Wallet & Reporting
- Run a settlement test to confirm payouts reach the correct bank account.
- Download transaction and payout reports to ensure accounting formats align with your ERP.
- Document who monitors wallet balances and at what cadence (daily, weekly).
Monitor & Communicate Performance
- Set alerting for webhook failures, API error spikes, and settlement delays.
- Share incident response contacts (support@lakipay.com, your internal escalation path) with your ops team.
- Schedule a 7-day review after launch to evaluate success metrics and customer feedback.