inDinero can send money via ACH or check to anyone your business needs to pay. Both payment processes have a lot in common, but there are a few differences you should note before you begin.
If you’ve never sent money to this particular payee then you will need to set them up first. You can either add it now by selecting Add New Vendor in the drop-down menu on this screen or see Add Vendors for more. You can also edit the vendor’s information by clicking the pencil icon next to the Pay to field.
Once your vendor is set up, it’s simple to send an ACH payment. Select your vendor from the drop-down, input the payment amount, make note of any memos that may help you categorize this later, and click the Send button. Your payment should post within 5 to 7 business days.
If you choose a vendor with an outstanding bill, a pop-up will remind you. So, you can link the payment to a bill or just send money unrelated to any bill.
After you send your payment, keep an eye on your ACH payment status by checking the Make a Payment tab.
- Submitted: The payment hasn't been sent yet, and can still be cancelled.
- Processing: Payment is on the way and will process anywhere from 5 to 7 business days.
- Cleared: The payment has cleared.
- Failed: There are a few reasons why your ACH may have failed, check with your dedicated service team to find out how to resolve this.