When signing up with Wisetack, they will collect banking information during the application process. Once the business has been approved and a customer pays for a job with consumer financing, Wisetack will transfer the money to whatever bank account they have on file.
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If a customer decides to take out a loan to pay for a job, you will be alerted via email, and within the Activity Feed of the Job Details page.
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The Job Details page will reflect the payment status as 'Payment Pending' until Wisetack disburses the funds to the bank account you set up with them.
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Your customer will need to confirm that the work has been completed on their loan application before the funds are disbursed, unless the merchant/business has qualified for Progress Payments.
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Once approved, the money will be sent in 2 business days and be reflected as 'Paid' on your job.