Auto Debit Card Payments

We can auto charge a debit card on a loan.  This auto payment happens everyday around 3:30am est.  To view ALL “auto” and scheduled payments, use the Auto Schedule Report.

  • The repayment method is Debit Card
  • The repayment status must be set to “Debit Card”.
  • The payment is due today and the loan is in “Open” status.
  • The payment is not scheduled for ACH.
  • The payment is not already scheduled to be debited.
  • The loan is not written off (must schedule if it’s a writeoff account)
  • There must be a debit card on file, which is token-ized inside Intro XL
  • The last result for that card doesn’t contain the words “stolen”, “invalid”, or “lost”

Please enter in a support ticket to turn this on.

 

 

 

Was this article helpful?

Related Articles

Leave A Comment?

This site uses Akismet to reduce spam. Learn how your comment data is processed.