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How do payment accounts get approved?

April 26, 2017accounts Approved payment

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10 Posted

How do payment accounts get approved?

2 Answers

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10 Posted

Only payment accounts with a U.S. financial institution can be used. Your bank’s routing number is automatically verified via Federal Reserve databases. However, your account number is validated at the time the transaction reaches your bank. For all payments returned because of inaccurate information or insufficient funds, a return fee of $25.00 will be assessed.

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Posted

Only payment accounts with a U.S. financial institution can be used. Your bank’s routing number is automatically verified via Federal Reserve databases. However, your account number is validated at the time the transaction reaches your bank.