Merchant banking information is used in conjunction with the system generated ACH file in order to debit the merchant account for billed services. If any of the information is incorrect, it will be retuned by the bank as unpaid.
Company Name - Enter the business name listed on the merchants checking account.
Destination Bank Name - Enter the bank name
Destination Account Number - Enter the bank account number.
Financial Routing Number - Enter the bank routing number.
Payment Mode - ACH merchants will be included in automatically generated ACH file for upload to your bank.
Check this is a manual payment process.
Cash this is a manual payment process.
Credit Card this is a manual payment process.
Billing Frequency - The merchant account will be billed based on the frequency selected and will work in conjunction with the frequency selected in the billing section.