Verifying the business allows your vendor to...

  1. Select their preferred receiving account

  2. Track incoming payments

  3. Receive payments faster (same or next day transactions)

Once a vendor has been verified on Settle's platform (whether that's through your business or through a previous client), the verification process does not need to be repeated.

Business identification allows Settle to legally comply with US government regulations that help prevent monetary crime, making the process more secure for everyone.

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