Now that your Wayflyer banking account is set up, you should see how you can start transferring your payment sources to it. This will allow you to take advantage of all the perks that come with your Wayflyer account.
Changing payments over will vary based on what partners you work with, but the following are things you will most likely need:
Account Number and Routing information:
You can find your account number and routing information in the Details section of your account page. This will be in the top right corner of your window.
Bank Verification Document:
Some platforms will ask for a bank verification letter in order to confirm all your account information. If your vendor requests this information, simply reach out to our support team, either via the web widget in the bottom right corner of your screen, or by emailing [email protected], and we will be able to get that sent over to you.
Transferring payments to your Wayflyer banking account may take several days to complete depending on the partner you are working with. Here are some links to the instructions to transfer payments for some of our most common partners:
Amazon:
WooCommerce:
For support questions for the Wayflyer Banking product, please do not hesitate to reach out to [email protected].
Wayflyer is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. The Wayflyer Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact [email protected] with questions on the sweep program. Pass-through insurance coverage is subject to conditions.