Consignor SimpleACH Setup
Last updated
Last updated
Your consignment store must first complete the setup of this feature before it appears in consignor access.
With SimpleACH you, as a consignor can opt in to have your earnings paid directly to your bank account instead of cash or check. This system will work identically to direct deposits you may receive from a job or social security.
If your store has setup SimpleACH a new option will be added to your sidebar titled "SimpleACH" by clicking here you will be prompted to enter some information. The first set of questions will be used to set up your account, SimpleACH uses a third party payment processor so neither your consignment store nor their software is ever storing any of your bank account information.
After entering your email, first name and last name, click continue and you will be prompted to enter your bank account information. This will include your routing number and account number. This is needed so the payment can be sent directly to your bank account.
Once you have double checked that all of your bank account information, click "add bank" this will add your bank account to your SimpleACH account. Your SimpleACH account will now feature the bank account you connected. This will automatically unlock the SimpleACH feature for your consignment store the next time they begin the payout process.
Once a payment is processed via ACH payout it cannot be retracted unless the payment fails, in which case the most common case is that the bank account information entered into SimpleACH is incorrect.
SimpleACH can take anywhere from 2-5 business days to appear in your bank account depending on the bank.
