#Christian Morris - ACH invoice
eager chasm
Not exactly. The bank option is just a grey color and I can't click on it. Let me see if I can send a screen shot
This is just a test invoice I sent to my personal email. I don't think that is my bank info on the bottom but I blurred it out just in case.
When I try to click on the bank transfer option it doesn't do anything. Before when I included the option to pay with card there was a clear "pay with card" button. But I'm going to be sending invoices too large to be paid with a card so I need to use ACH.
wild frost
So, the way ACH works, is your customer will actually go to their bank (either bank support or bank mobile app) and request an ACH payment on their side with the credentials in that gray dialogue box. Those are the numbers for the recipient bank on Stripe's side.
eager chasm
So is there a way for clients to just add their bank info into Stripe and do a wire transfer that way?
wild frost
If you want customers to be able to pay directly from the invoice, you will need to enable ACH Debit via Settings --> Invoice Template --> Payment methods
It's still ACH, but it's a pull method instead of a push method (e.g. funds are pushed to Stripe vs. pulled from the bank to Stripe). it looks like you just enabled ACH Bank Transfer, which is a push-only method
eager chasm
gotcha
Ok then I'm guess I turn on the ACH direct debit.
Should I turn off all the other switches or does that not matter?
wild frost
That depends on what payment methods you want your customers to be able to pay with
eager chasm
How do I make it so clients don't have to verify with microdeposits? I read that Stripe just launched something separate from Plaid that allows them to verify bank accounts without micro deposits.
wild frost
So you can have an instant bank verification for ACH payments, but you would need to integrate using Stripe.js
You would still have to collect a mandate from the user, and in some cases microdeposits will still be required. So you would have to build that part out as part of your integration
eager chasm
Is that self hosting? Meaning I'd need to know how to code generally?
wild frost
Yeah, there isn't a way to do instant verification for ACH via the Dashboard unfortunately (at least not yet!)
eager chasm
Darn. So what are some of my options? I would really prefer for my clients to not have to do the extra steps of verifying their accounts. But I'm pretty limited with my coding experience so idk if I could self host it well enough.
wild frost
You could look into having a freelancer come in and build the integration on top of your existing one. Other than that, you'll either need to (a) use the ACH push method (e.g. send an email with Stripe account details for the customer to initate a transfer with on the bank's side), or (b) use microdeposits.
eager chasm
Oh actually I think it worked without micro deposits. At first I was using my bank that isn't well known so they needed micro deposits. But with the suggested options like Chase it didn't ask for any. I paid the test invoice so hopefully it works alright