Common use of Payment Method Verification Clause in Contracts

Payment Method Verification. Upon addition to your Account, your Bank Account may be verified to confirm its validity. A temporary, small authorization charge may appear on your bank statement. You authorize Melio to credit your Bank Account with two (2) different and random micro-deposits, which you will be required to enter once prompted through the Services. You also authorize ▇▇▇▇▇ to debit your Bank Account for the amounts of the two (2) micro deposits within ten (10) business days.

Payment Method Verification. Upon addition to your Account, your Bank Account may be verified to confirm its validity. A temporary, small authorization charge may appear on your bank statement. You authorize Melio to credit your Bank Account with two (2) different and random micro-micro- deposits, which you will be required to enter once prompted through the Services. You also authorize ▇▇▇▇▇ to debit your Bank Account for the amounts of the two (2) micro deposits within ten (10) business days.