How is Accepting a Payment As a Bank Transfer Different from a One-Time Use Virtual Card?
Bento Pay™ - Bank Transfer
Bento Pay™ Bank Transfer allows you to receive a payment as a direct deposit to a bank account from the secure payment landing page.
Once bank you have submitted your account and routing numbers, an ACH transfer will be initiated. ACH transfers typically take 2-3 business days for funds to be deposited in the destination account.
The banking information you provided is secured and is not visible to the Bento customer who sent the payment.
Bento Pay™ - One-Time Use Virtual Card
Bento Pay™ one-time use Virtual Card allows you to accept a payment without providing any banking information.
It is important to note the following:
- This card information is only good for a single transaction
- This method is intended for you to run the card information on your own point-of-sale system
- If there is an unused or remaining amount on the card following the first use, the remaining card balance will be returned to the Bento customer who sent the payment
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