Direct ACH Payments
Gravity Uses a payment gateway from Checkbook.io to process ACH payments. This allows Gravity to work with any bank in the US and Canada. The process for using Direct ACH is:
- Contact Gravity Sales to register for the process
- Verify one or more Gravity Bank Accounts to process payments
- Add the created Payment Type to the selected Bank Account
- Register Vendor bank accounts for receiving payments
- Create a Select Payments batch selecting the verified bank account with the payment type.
Gravity Bank Accounts must be verified to make payments. There are two methods for verification:
- Instant Verification - Using Plaid to authenticate a bank account.
- Micro Deposits - Two small deposits will be deposited the next business day, user must verify the amount of the deposits
Select a Gravity Bank Account and choose Direct Payments.
You will have to select the verification method, Plaid or Micro Deposits.
- Plaid - Please select your bank and authenticate using your bank credentials. Upon successful completion and selection of the appropriate account, you will receive a confirmation dialog indicating that the account has been verified.
- Micro Deposits - Input your banking information and click OK. On the following business day, please check for two deposits, each valued at less than $1. To verify these deposits, navigate back to your bank account and select Direct Payments. Once this process is completed, your account will be deemed verified.
On the Vendor record select, Add Payment Method from the menu.
In the Add Payment Method dialog select the payment method established for Direct ACH payments. Enter the Vendors Account and Routing number, their account type and bank name.
Upon Completion the vendors bank account will be registered.
On the Select Payments batch Select Bank Account and Payment Type defined above for Direct ACH. When the batch is complete you can select Send ACH Payments to execute the payment batch.
