A simple solution for bank transfers with Sunrise Pay
Receiving payments via direct bank transfer is significantly less expensive than using credit cards, but getting users signed in and authenticated can be a cumbersome process.
Sunrise Pay makes it faster and easier to set up bank payments through a flow designed with the user and security in mind. Customers enter their online credentials and Sunrise Pay (partnered with Plaid) instantly authenticates their account.
Customers provide their account information and we then match it with what’s on file at the financial institution. Most banking institutions are covered, but for customers who aren't able to authenticate, or who would prefer not to, can verify with micro-deposits. These small deposits, less than a dollar, verify account ownership and make sure the right account is being connected.
Verify with Micro-Deposits
When accounts can’t be instantly authenticated, we offer a fast and easy micro-deposits experience. Customers enter their account information that would be found on a check, and Sunrise Pay, powered by Chase, makes two small deposits into their bank account within 1-2 days. At this point, the invoice will show as processing the payment.
The customer is sent an email from Sunrise Pay. When the two micro-deposits have posted to their bank account, they can click the link in the email to verify the deposits. Remember that micro-deposits may take 1-2 days to show up in their bank account. Reminder emails will be sent if the customer forgets to confirm their micro-deposits.
Your customer will enter the amount of the micro-deposits and the bank transfer will begin from their bank. Depending on your business bank, you may see the deposit the same day or 2-3 days later.
What are the stages of a payment? How does payment processing work?
What are the stages of a payment? How does payment processing work? Anyone unfamiliar with how payment processing works might easily assume that when someone makes a payment, either by credit card or e-check, that the money simply moves from the ...
Add a Payment Method (Credit/Debit Card, Cash, Check, ACH)
Sunrise Pay is the quickest way to get paid on your invoices. Once you sign up with a free user account, you’ll have access to add new payment methods. Sunrise Pay includes credit and debit cards and bank transfers. You’ll be able to add Check and ...
How do I use Sunrise Pay to accept credit cards and ACH payment?
How do I use Sunrise Pay to accept credit cards and ACH payment? Sunrise Pay, powered by Chase, is a quick and secure way to accept credit cards and bank transfers for invoices. If you have a Sunrise account, then you already have access to Sunrise ...
How can I change my transfer period?
How can I change my transfer period? By default, your transfer period is set to daily. That means that at 4 pm EST, Monday to Friday, if there are funds processed and ready to be released in your payments account, we will begin the transfer to your ...
How do I transfer amounts from one account to another?
Did you pay for your credit card with your checking account? Here's how to account for that transfer. For Non-Corresponding Transactions These instructions are ONLY when one of those accounts does NOT have a corresponding amount, for example, when ...