I just tried signing up from: https://apply.braintreegateway.com/
At the end of it, my application for queued to be manually reviewed (~24 hrs) by an underwriter. Am I missing something here ?
I suppose "same-day" would be more appropriate than "instant", but honestly what do you expect from Pando Daily?
Most applicants will be approved instantly. There are some circumstances, such as the specifics of your business model, that may require a brief manual review. At most this will take 1 business day, but many reviews will be much quicker - as fast as 20 or 30 minutes.
The difference between Braintree and others is that when we say yes, we mean it. That means your business is good to go from day one and you won’t have to worry about paypal-like shut downs.
Kristi, Braintree