Is this a fake email??? April 1st?
Announcing the Pre-Release of CCBill ACH Payouts - Sign Up Now!
Dear CCBill Merchant,
We are very excited to announce that early sign up is now available for our soon to release, new weekly CCBill sales payout method, ACH Deposit, currently planned for a mid-June 2016 release.
As one of the only remaining industry payment providers catering to both merchants and their affiliates, we are adding ACH Deposit to your current payout delivery options as another automated, dependable and secure way for you to receive your weekly settlements. Simply put, CCBill can now transmit your weekly sales payments directly to your US-based bank checking, operating or savings account of choice each Monday*, and your funds will settle and be available to you and your business the next business day, on Tuesday. Weekly ACH Deposit has a transfer cost of $5.00 per payout, making this a cost-effective payment option, especially when compared to current FedEx and Wire Transfers fees.
To qualify for this new payout option, your weekly payout must meet the following requirements:
- USD currencies only
- US Dollar based Bank Accounts only
- US-based Banks only
- Minimum Weekly Payout: $25.00
- Maximum Weekly Payout Limit: $5,000.00
Please note: In the weeks when your payouts are over the $5,000.00 maximum threshold, we will automatically transmit a wire transfer for the entire amount of that week's payout, to your designated US Bank account on Monday* with a wire transfer fee of $15.00.
It is now even easier to receive your weekly CCBill payout! Other than your payout method, nothing else changes:
- You can continue to link accounts for ACH Payouts.
- Your CCBill billing period will continue to run from Sunday through Saturday.
- You can continue to depend on CCBill to pay on time, every week.
ACH Deposit will be available to CCBill merchants and affiliates as a payment option within the next few weeks. We do expect service demand to be high for this payment option, and there is a short 3-4 business day account processing timeframe, so sign up now.
To learn more about CCBill Payout options, please visit the Accounting and the Payouts areas of the CCBill Merchant Knowledgebase:
kb.ccbill.com
To request ACH Deposit for your CCBill account during this special pre-release period, you can complete and submit a new ' Payout Information Update' form, found on our CCBill Support Center:
Merchant Support Center > Account Change Forms
You can also contact our 24/7 Merchant Support team at
[email protected], by phone at 800.510.2859, or our online Chat service.
Thanks,
CCBill Management
*Payout schedules can change due to periodic US banking holidays. All efforts will be made to ensure timely next business day distributions, on the weeks when these holidays occur.