Results 1 to 19 of 19
Hybrid View
-
11-17-2021, 03:21 AM #1
Reputation points: 84403
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,930
Seamless Chex requires the establishment of a account with a 3rd party - Not a good situation:
- Use of Dwolla Platform
In order to use the payment functionality of our Services, you must open a “Dwolla Platform” account provided by Dwolla, Inc. and you must accept the Dwolla Terms of Service and Privacy Policy located at https://www.dwolla.com/legal/tos?access and https://www.dwolla.com/legal/privacy/, respectively. Any funds held in the Dwolla account are held by Dwolla’s financial institution partners as set out in the Dwolla Terms of Service.
A merchant must disclose personal information to a 3rd party!
Information Required. To create your Dwolla Account, we require that you provide us with your business name, and the full name and email address of the individual creating the Dwolla Account on behalf of your business. To access certain additional features, including a Dwolla Balance, we will request that you provide additional information to permit us to verify your identity, including: your business entity type, a valid U.S. physical address (not a P.O. Box or the address of a commercial mail receiving agency), phone number, and your tax identification number. Additionally, we may require personal information (including the full name, date of birth, social security number, and in some cases a form of photo identification) of any beneficial owners of your business, including at least one controller.
Linked Payment Account; Authorization to Debit or Credit. To transmit payment instructions, you must link at least one bank or credit union account at a state- or federally-chartered financial institution in the United States (each, a “Linked Payment Account”) to your Dwolla Account.
Genie Check 21 does NOT require disclose of personal and/or business information and you do not Link your checking accountDave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
-
11-17-2021, 10:09 AM #2
Reputation points: 179851
- Join Date
- Jun 2017
- Posts
- 2,049
This is the equivalent of saying "Anyone who uses PayPal (or any other Payment Processor) is bad because you have to agree to paypals TOS in order to purchase"
Dwolla is used to process seamlesschex monthly subscriptions. That is all.
And MAYBE the Auto-Deposit feature uses Dwolla (not sure)...
However if your printing checks and mobile depositing in your bank, you wouldn't even be using the auto-deposit feature.Last edited by ryan $; 11-17-2021 at 10:21 AM.
-
11-18-2021, 07:57 PM #3
Reputation points: 84403
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,930
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
Similar Threads
-
Lead Provider
By FirstCapitalWealth in forum PromotionsReplies: 0Last Post: 10-15-2021, 12:25 PM -
Looking for Bitcoins Provider
By Creative Lender in forum Business LoansReplies: 3Last Post: 07-01-2021, 08:22 PM -
Looking for MCA lead provider.
By Thomas in forum PromotionsReplies: 0Last Post: 02-04-2019, 05:07 PM -
SEO Service Provider??
By Jay.k in forum Financial ServicesReplies: 7Last Post: 03-14-2016, 11:12 AM -
ACH Services Provider
By mdk72002 in forum Merchant Cash AdvanceReplies: 10Last Post: 04-14-2014, 01:17 PM