Overview
LawPay Link offers dual ACH funding, allowing you to attach two separate bank accounts to a single merchant account. This configuration is ideal for firms managing trust payments, ensuring deposits go to a trust account while keeping operating expenses separate.
How Dual Funding Works
By default, the system is configured to split activity between a Primary and Secondary account:
Primary Bank Account: Receives all payment deposits.
Secondary Bank Account: Handles all outgoing debits (fees).
Customizable Debit Settings
While the system defaults to the secondary account for fees, you can customize which account is debited for specific activities, such as:
Monthly discount and transaction fees.
Customer refunds.
Chargebacks.
NOTE: Many firms prefer to debit the Primary account for refunds and chargebacks, as these are directly related to the original client payment activity.
Important Considerations
Exception Handling: Any activity outside the standard funding process is treated as an "exception" and defaults to the Primary bank account.
Failed Debits: If a debit to your secondary account (e.g., for monthly fees) is returned or fails, the system will withhold those funds from your primary account deposits until the balance is recovered.
Get Started
To add a new bank account for billing and fees, please contact the support team at [email protected].