Updating Your Payment Details (US Supplier)

  • Updated

Suppliers can update their payment details, including bank account information for ACH disbursements and their preference for accepting credit card payments. This information is shared with connected customers but does not determine the final method of payment disbursement.

 

Prerequisites

  • Audience: Supplier Administrator

  • Intent: Update bank account and credit card acceptance details.

  • Access: Only designated Profile Administrators can edit Company Profile information.

 

Accessing the Payments Tab

  1. Go to Profile on the left side panel.

  2. Click Company Profile.

 

  1. Select the Payments tab.

  2. Click Edit.

 

Updating ACH Payment Details

ACH (Automated Clearing House) is used for direct electronic fund transfers.

Authorize ACH Payments

  1. In the ACH Payments section, select Yes if you desire to receive ACH payment disbursements.

  2. Share Authorization: When authorizing customers to use your ACH Banking information, you must also give authorization for customers to view your information by selecting:

    • All Customer

    • Specified Customers: If selected, enter the desired connected customer in the mandatory Add Customers field.

 

Enter Account Details

  1. The screen will extend to reveal mandatory fields (indicated by a red asterisk) for your nominated bank account details.

  2. Deposit Format field should be designated as Unspecified.

  3. Routing and Account fields

    • Note: Bank account format for U.S. is Routing Number: 9 digits, Account Number: 5-17 digits.

 

Complete Bank Verification

Bank Verification is required as proof of bank account ownership.

  1. Document Type: The bank account verification should be a scanned bank document, such as a statement, teller slip, or pre-printed deposit slip.

  2. To upload your document, select +Create New.

  3. Complete the mandatory fields indicated by a red asterisk.

  4. Share Verification: You can share your bank verification details by selecting All, None, or Specified Customers. If Specified Customers is selected, enter the desired connected customer in the mandatory Add Customers field.

 

Credit Card Payment Option

  1. In the Credit Card section, select the applicable answer for credit card payment disbursements.

Note: Unimarket accepts credit cards but they are not required. If suppliers opt-in to accept payment by credit card, transaction fees will be applied. To decline payment by credit card, select No.

 

Final Step

  1. Once all updates are complete, select Save at the bottom of the screen.