How do I know my purchase is secure?
Whether it's an in-store or delivery purchase, POSaBIT confirms your connected bank account and requires a two-factor authentication (including a unique six-digit code) for every ACH transaction. To further ensure a secure transaction, we have teamed with Yodlee for our ACH solution.
What will my ACH purchase look like in my bank statement?
All transactions will read "POSaBIT, Inc."
How long will it take for me to see the ACH withdrawal on my bank account?
The purchase amount will be pulled from your bank account roughly 24 hours after the sale on banking days. This means if you make a purchase at noon on a Tuesday, you will see the transaction your account around noon on Wednesday. However, if you make a purchase at noon on a Friday, the transaction will appear around noon on Monday.
What, exactly, will an ACH transaction actually look like?
You can read about that on our POSaBIT ACH - How It Works page.
If you have any additional questions that weren't answered above, please email support@posabit.com