Yes!
Anchor's payment facilitator is Stripe. To allow Stripe to debit from or deposit into your account on your behalf, Stripe's ACH company IDs must be provided to the bank to ensure ACH transactions will be processed.
Provide Stripe ACH company ID numbers to your bank to allow Stripe ACH debits and deposits to minimize the possibility of disputes and declined payments due to unauthorization failures.
Company IDs help ensure that debits are made on the correct bank account since some business bank accounts may have filters in place to deny debits from unknown entities.
How can I get Stripe ACH company ID numbers?
Stripe uses two company IDs to collect ACH debits and send ACH deposits on behalf of all users.
1800948598 - Stripe Payments Company
4270465600 - Stripe Payments Company
Whenever you experience any issues with a dispute after adding the IDs as described above, reach out to us for help in getting the error cleared. 💜
Learn more here.