Pay by Bank with Validated ACH
Rainforest now supports processing payments with a validated ACH bank account. ACH validation is the process of validating a user's bank account to help avoid data entry errors and reduce fraud when a user wants to pay by bank.
Rainforest utilizes a third-party partner, Plaid, for real-time validation by requesting the user authenticate into their online bank account to collect the bank account information. This ensures the bank account is active and the user was able to successfully authenticate with their bank account credentials.
How to enable
Sandbox
The Validated ACH payment flow is automatically enabled in sandbox. All you need to do is configure your Payment Component to display the Validated ACH payment method.
Head over to the Pay by Bank with validated ACH guide for details on how to complete the integration.
Production
For Production access, contact your Customer Success Manager or reach out to support to get started with Validated ACH. We'll help you:
- Set up the ACH validation fee to pass fees onto your merchants
- Enable the Validated ACH payment method option for a specific merchant or all of your merchants