To improve your business’s fraud protection, check-based settlements will no longer be an option for payouts beginning May 2021. In the meantime, you’ll have the ability to add your bank account as a settlement method. Access your cash as soon as the same day when depositing to a Chase bank account and next day when depositing to others - all at no additional cost!
To add your bank account, follow these steps:
- Log in to the Merchant Center
- Click the “Settings” gear on the left hand panel
- Click the “Settlement Details” tab
- Click the blue “Add your settlement details” button, and enter your bank account information
Failure to add bank account information by May 31, 2021 will result in account disablement and the inability to process new payments.
If you have additional questions, please reach out to our Support team.